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Mathematics, 06.03.2020 23:29 sanociahnoel
Consider a 7-year bond with a 9% coupon and a yield to maturity of 12%. If interest rates remain constant, 1 year from now the price of this bond will be:
a. Lower.
b. The same.
c. Higher.
d. Indeterminate.
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Answers: 2
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Consider a 7-year bond with a 9% coupon and a yield to maturity of 12%. If interest rates remain con...
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