Question: If the yield on a fixed - coupon bond goes up , does the borrower have to pay more interest? OYes, the price goes down.

If the yield on a fixed-coupon bond goes up, does the borrower have to pay more interest?
OYes, the price goes down. The coupon payments go up
Oo, the price goes down. The payments are fixed
O No, the prige goes up, The yield ogoes up
 If the yield on a fixed-coupon bond goes up, does the

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