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Consider a 20-year bond with a 10% coupon and a 5% discount rate for the life of the bond. If expected interest rates remain constant

Consider a 20-year bond with a 10% coupon and a 5% discount rate for the life of the bond. If expected interest rates remain constant the price of the bond will _____________ over time.

A. stay the same

B. rise

C. fall

D. cannot be determined

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