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Assume a coupon rate of 5 % . If the market rate has increased to 6 % , the price of the bond will rise.
Assume a coupon rate of If the market rate has increased to the price of the bond will rise.
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Financial Management Theory and Practice
Authors: Eugene Brigham, Michael Ehrhardt, Jerome Gessaroli, Richard Nason
2nd Canadian edition
176517308, 978-0176517304
