Question: Conceptual Questions (6 points) Question 1 (3 points) Consider a semiannual bond with an 8 coupon and with yield to maturity 10%. If the bond's
Conceptual Questions (6 points) Question 1 (3 points) Consider a semiannual bond with an 8 coupon and with yield to maturity 10%. If the bond's YTM remains constant, then in one year, will the bond price be higher, lower, of unchanged? Why
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