Question: A 10-year bond is issued with a face value of $1,000, paying interest of $60 a year. If market yields increase shortly after the T-bond

A 10-year bond is issued with a of $1,000, paying interest of $60 a year. If market yields increase shortly after the T-bond is issued, what happens to the bond’s
a. rate?
b. Price?
c. Yield to maturity?

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