Question: Let's work with bond-pricing and the yield curve. Let C be the coupon, r the discount-rate (or yield-tomaturity), FV the face value, T the maturity

Let's work with bond-pricing and the yield curve. Let C be the coupon, r the discount-rate (or yield-tomaturity), FV the face value, T the maturity and P the price. For this question, you can assume that r > 0. Show that if the coupon rate defined as c C FV is larger than the discount-rate r, then the price P is a decreasing function of time to maturity T

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