Question: A bond has a $5,000 face value, ten years to maturity, and 7% semiannual coupon payments. What would be the expected difference in this bond's
A bond has a
$5,000
face value, ten years to maturity, and
7%
semiannual coupon payments. What would be the expected difference in this bond's price immediately before and immediately after the next coupon payment?
A.
$175
B.
$350
C.
$88
D. $525
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