Question: An 8 - year bond is issued with a face value of $ 1 , 0 0 0 , paying interest of $ 7 0

An 8-year bond is issued with a face value of $1,000, paying interest of $70 a year. If the general level of interest rates increase shortly after the bond is issued, what happens to the bond's
Coupon Rate:
Price:
Yield to Maturity:
An 8-year bond is issued with a face value of $1,000,

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