Question: 1 - A 1 0 - year bond is issued with a face walse of $ 1 , 0 0 0 , paping interest of

1- A 10-year bond is issued with a face walse of $1,000, paping interest of $60 a yar, If the yeld to maturity increases shortly after the bond is insued, what happens to the bonds
a. Coopon rate? {0.75 Points}
b. Price? (0.75 Points)
1 - A 1 0 - year bond is issued with a face walse

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