Question
Consider a bond with a 10% coupon and YTM of 8%. If the bonds YTM remains constant, then in one year, will the bond price
Consider a bond with a 10% coupon and YTM of 8%. If the bonds YTM remains constant, then in one year, will the bond price be higher, lower, or unchanged?
Group of answer choices
Unchanged
No answer text provided.
Higher
Lower
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The Economics Of Money Banking And Finance
Authors: Keith Bain, Peter Howells
1st Edition
0582278007, 9780582278004
