[Solved] A straight bond is trading at 9 7 . The b

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A straight bond is trading at 9 7 . The bond s yield increases by 0 . 5 % . Therefore, the bond's price will

A straight bond is trading at

97 .

The bond

s yield increases by

0.5 % .

Therefore, the bond's price will

____________

and the interest payment will

___________.

Decline; Not Change.

Decline; Increase.

Increase; Decline.

Increase; Not Change

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