Question: consider a five-year bond with a 10% coupon that has a present yield to maturity of 8%. If interest rates remain constant, one year from
consider a five-year bond with a 10% coupon that has a present yield to maturity of 8%. If interest rates remain constant, one year from now the price of the bond will be: (1)Higher (2)Lower (3)The same (4) Par
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