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2. Prices and yields A 10-year bond is issued with a face value of $1000 paying interest of $60 a year. If market yields increase
2. Prices and yields A 10-year bond is issued with a face value of $1000 paying interest of $60 a year. If market yields increase shortly after that the bond is issued, what happens to the bond coupon rate, price, and yield to maturity?
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