Question: An analyst is considering a five-year bond with a 10% coupon that is presently trading at a yield-to-maturity of 8%. If market interest rates do
An analyst is considering a five-year bond with a 10% coupon that is presently trading at a yield-to-maturity of 8%. If market interest rates do not change, one year from now the analyst would most likely conclude the price of this bond will be:
Question 8 options:
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lower.
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higher.
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cannot be determined.
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