Question: Consider a 5 - year bond with a 7 % coupon that has a present yield to maturity of 9 % . If interest rates

Consider a 5-year bond with a 7% coupon that has a present yield to maturity of 9%. If interest rates remain constant, one year from now the price of this
bond will be:
Multiple Choice
Lower
Par
Higher
The same
 Consider a 5-year bond with a 7% coupon that has a

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