Question: A 30year Canada bond is issued with par value of $1,000, paying interest of $60 per year. lf market yields increase shortly after the bond
A 30·year Canada bond is issued with par value of $1,000, paying interest of $60 per year. lf market yields increase shortly after the bond is issued, what happens to the bond's
a. Coupon rate
b. Price
c. Yield to maturity
d. Current yield
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a The coupon payments are fixed at 60 per year Coupon ... View full answer
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