What happens to the price of a three-year annual coupon paying bond with an 8% coupon when

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What happens to the price of a three-year annual coupon paying bond with an 8% coupon when interest rates change from 8% to 8.55% ?

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Personal Finance

ISBN: 978-1133595830

12th edition

Authors: Thomas Garman, Raymond Forgue

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Posted Date: Dec 11, 2023 04:54 AM

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What happens to the price of a three-year annual coupon paying bond with an 8% coupon when

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When interest rates increase the price of coupon bonds generally decreases This is because the fixed ... View the full answer

Personal Finance

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