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1) Consider a 7-year bond with a 9% semi-annual coupon and a yield to maturity of 6%. If interest ratesremain constant, one year from now

1) Consider a 7-year bond with a 9% semi-annual coupon and a yield to maturity of 6%. If interest ratesremain constant, one year from now the price of this bond will ___

A) higher

B) lower

C) the same

D) indeterminate

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