Question: please help with this question; what will happen to the price of the bond ? A $1,000 bond with a coupon rate of 7% paid
A $1,000 bond with a coupon rate of 7% paid semiannually has two years to maturity and a yerita of 8.3%. If interest rates rise and the yield to maturity increases to 8.6%, what will happen fo tripert bond
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