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A corporate bond is sold for $ 1 , 0 0 0 ( par value ) with a 6 % coupon. Shortly thereafter interest rates
A corporate bond is sold for $par value with a coupon. Shortly thereafter interest rates in the economy the nominal rate of interest increases to due to inflation worries. Given this scenario all other things being equal which of the following bond valuations for this bond in the secondary market would most likely happen
$
$
$
None of the above would happen
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