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A company issued 2 0 - year bonds 3 years ago at a coupon rate of 9 . 5 percent and a yield to maturity
A company issued year bonds years ago at a coupon rate of percent and a yield to maturity of If all conditions stay the same during the past three years, compared with the bond price years ago, it is current bond price
decreased
can't be determined based on the given information.
either increased or decreased.
stays the same
increased
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