Valuing Bonds A 30-year gilt is issued with face value of 100, paying interest of 20 per

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Valuing Bonds A 30-year gilt is issued with face value of £100, paying interest of £20 per year. If market yields increase shortly after the bond is issued, what happens to the:

(a) Coupon rate

(b) Price

(c) Yield to maturity

(d) Current yield?

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Corporate Finance

ISBN: 9781526848093

4th Edition

Authors: David Hillier

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