Bond Yields. A 30-year Treasury bond is issued with par value of $1,000, paying interest of $80

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Bond Yields. A 30-year Treasury bond is issued with par value of $1,000, paying interest of

$80 per year. If market yields increase shortly after the T-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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Study Guide To Accompany Fundamentals Of Corporate Finance

ISBN: 9780073012421

5th Edition

Authors: Richard Brealey, Stewart Myers, Alan Marcus

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