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10. What happens to the coupon rate of a bond that pays $80 annually in interest if interest rates change from 9% to 10%? A.
10. What happens to the coupon rate of a bond that pays $80 annually in interest if interest rates change from 9% to 10%? A. The coupon rate increases to 10%. B. The coupon rate remains at 9%. C. The coupon rate remains at 8%. D. The coupon rate decreases to 8%
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