Question: Consider a 7 - year bond with a 9 % coupon and a yield to maturity of 1 2 % . If interest rates remain

Consider a 7-year bond with a 9% coupon and a yield to maturity of 12%. If interest rates remain constant, 1 year from now the price of this bond will be __________.
Multiple Choice
lower
indeterminate
the same
higher

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