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Milner's Tools has a 9 - year, 7 % annual coupon bond outstanding with a $ 1 , 0 0 0 par value. Carter's Tools
Milner's Tools has a year, annual coupon bond outstanding with a $ par value. Carter's Tools has a year, annual coupon bond with a $ par value. Both bonds currently have a yield to maturity of Which of the following statements is correct if the market yield increases to Multiple ChoiceBoth bonds would decrease in value by The Carter's bond will decrease in value by $The Milner's bond will increase in value by $The Carter's bond will decrease in value by The Milner's bond will increase in value by
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