6. Consider a bond with a 10% coupon and with yield to maturity 8%. If the...

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6. Consider a bond with a 10% coupon and with yield to maturity  8%. If the bond’s yield to maturity remains constant, then in 1 year, will the bond price be higher, lower, or unchanged? Why?

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Investments

ISBN: 9780077261450

8th Edition

Authors: Zvi Bodie, Alex Kane, Alan J. Marcus

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