Question: All else constant, if the yield to maturity increases, the price of fixed coupon bond will: increase decrease remain unchanged either increase or decrease depending
All else constant, if the yield to maturity increases, the price of fixed coupon bond will:
| increase |
| decrease |
| remain unchanged |
| either increase or decrease depending on the par value of the bond |
| either increase or decrease depending on the coupon rate of the bond |
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