Question: Can you please help me with this question? Consider a 10-year bond with an 8% coupon that has a yield-to-maturity of 9%. If interest rates
Can you please help me with this question?
Consider a 10-year bond with an 8% coupon that has a yield-to-maturity of 9%. If interest rates remain constant and the YTM does not change, then one year from now the price of this bond will be:
a)Lower
b)Same
c)Higher
d)Par
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