Question: . Consider a bond with a 15% coupon and a yield to maturity of 7%. If the yield to maturity remains constant, then, in 1

 . Consider a bond with a 15% coupon and a yield

. Consider a bond with a 15% coupon and a yield to maturity of 7%. If the yield to maturity remains constant, then, in 1 year, will the bond price be higher, lower, or unchanged? Why

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