Question: Bond prices and yields ( S 3 . 1 ) A 1 0 - year bond is issued with a face value of $ 1

Bond prices and yields (S3.1) A 10-year bond is issued with a face value of $1,000, paying interest of $60 a year. If interest rates increase shortly after the bond is issued, what happens to the bonds
Coupon rate?
Price?
Yield to maturity?

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