A bond with a face value of $ 1 0 0 , 0 0 0 has a coupon rate of 1 0 p a If the yield decreases from 9 p a to 8 p a , which of the following statements is true

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A bond with a face value of $ 1 0 0 , 0 0 0 has a coupon rate of 1 0 % p .

A bond with a face value of $

100, 000

has a coupon rate of

10 %

.

.

If the yield decreases

from

9 %

.

.

8 %

.

.,

which of the following statements is true?

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