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If interest rates remain constant, the price of a 15-year bond with a 15 percent coupon and a 12 percent yield-to-maturity will be ______ than

If interest rates remain constant, the price of a 15-year bond with a 15 percent coupon and a 12 percent yield-to-maturity will be ______ than its current level in one year. the same cannot be determined with certainty lower higher

a-the same

b-cannot be determined with certainty

c-lower

d-higher

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