Question
A 10%, 10-year bond is sold to yield 8%. One year passes, and the yield remains unchanged at 8%. Holding all other factors constant, the
A 10%, 10-year bond is sold to yield 8%. One year passes, and the yield remains unchanged at 8%. Holding all other factors constant, the bond's price during this period will have:
a. Increased
b. Decreased
c. Remained constant
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Project Finance In Asia
Authors: Larry H. P. Lang
1st Edition
0444828044, 9780444828040
