Question: Consider a 5 - year bond with a 1 0 % coupon rate that has a present yield to maturity of 1 2 % .

Consider a 5-year bond with a 10% coupon rate that has a present yield to maturity of 12%. If interest
rates remain constant, one year from now the price of this bond will be
(a) Higher
(b) lower
(c) the same
 Consider a 5-year bond with a 10% coupon rate that has

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