Question: A 1 0 - year bond is issued with a face value of $ 1 , 0 0 0 , paying interest of $ 6

A 10-year bond is issued with a face value of $1,000, paying interest of
$60 a year. If yields to maturity increase shortly after the T-bond is issued, what happens to
a. Coupon rate?
b. Price?
2. c. Yield to maturity?

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