Q 3.21. You already learned that the value of one fixed future payment and the interest rate

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Q 3.21. You already learned that the value of one fixed future payment and the interest rate move in opposite directions (Page 27). What happens to the bond price of $91,501.42 in the level-coupon bond example if the economy-wide interest rates were to suddenly move from 5% per annum to 6% per annum?

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