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6. A 10-year bond is issued with a face value of $1,000, paying interest of $60 a year. If interest increase shortly after the bond

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6. A 10-year bond is issued with a face value of $1,000, paying interest of $60 a year. If interest increase shortly after the bond is issued answer the following: a. What happens to the bond's coupon rate? b. What happens to the bond's price? c. What happens to the bond's yield to maturity

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