Consider a bond with a 10% coupon and with yield to maturity 8%. If the bonds YTM
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Consider a bond with a 10% coupon and with yield to maturity 8%. If the bond’s YTM remains constant, then in one year, will the bond price be higher, lower, or unchanged? Why? LO.1
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Related Book For 
Essentials Of Investments
ISBN: 9780697789945
8th Edition
Authors: Zvi Bodie, Alex Kane, Alan J. Marcus
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