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A 5-year, 8 percent, annual, coupon bond is currently selling at par. What will happen to the bonds price if the market rate of return
| A 5-year, 8 percent, annual, coupon bond is currently selling at par. What will happen to the bonds price if the market rate of return increases to 9 percent? |
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Foundations Of Financial Markets And Institutions
Authors: Frank J Fabozzi, Franco G Modigliani, Frank J Jones
4th Edition
0136135315, 978-0136135319
