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20 Consider a 10%, 10-year bond sold to yield 8%. One year passes and interest rates remained unchanged at 8%. What will have happened to

20 Consider a 10%, 10-year bond sold to yield 8%. One year passes and interest rates remained unchanged at 8%. What will have happened to the bond's price during this period? Assume the bond pays coupons semi-annually A B It will have increased. E It will have remained constant C It will have decreased. 2 Points It could have increased or decreased, but not remained unchanged None of the bove

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