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3 Suppose you buy a 7% coupon, 20-year bond today when it's first issued. If interest rates suddenly rise to 15%, what happens to the

3 Suppose you buy a 7% coupon, 20-year bond today when it's first issued. If interest rates suddenly rise to 15%, what happens to the value of your bond? the price of the bond will fall O the price of the bond will raise eBook Print References

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