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After a bond is issued (or sold to investors), the going rate of interest (or bond yield to maturity) increases. This will have the effect
After a bond is issued (or sold to investors), the going rate of interest (or bond yield to maturity) increases. This will have the effect of the present value of remaining coupon payments, and the present value of the face value to be received at maturity. A B D increase; increase decrease; increase decrease; decrease increase; decrease it depends on the bond maturity
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Bond Markets Analysis And Strategies
Authors: Frank J. Fabozzi, Francesco A. Fabozzi
10th Edition
026204627X, 978-0253337535
