Consider a one year maturity, $120,000 face value bond that pays a 10 percent fixed coupon annually What is the price of the bond if market interest rates are 7 percent What is the price of the bond if market interest rates are 5 percent What is the percentage price change for the bond if interest rates increase 70 basis points from the original 6 percent

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Consider a one-year maturity, $120,000 face value bond that pays a 10 percent fixed coupon annually. What is the price of the bond if market

Consider a one-year maturity, $120,000 face value bond that pays a 10 percent fixed coupon annually.

What is the price of the bond if market interest rates are 7 percent?
What is the price of the bond if market interest rates are 5 percent?
What is the percentage price change for the bond if interest rates increase 70

basis points from the original 6 percent?

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