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On July 1st, you purchase a 10yr AA Corporate bond with a yleld of 4.57%. The next day, you observe that market rates are at

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On July 1st, you purchase a 10yr AA Corporate bond with a yleld of 4.57%. The next day, you observe that market rates are at 4.30% for 10yr AA Corporates. Which of the following do you expect to take place? Multiple Choice The coupon of the bond you bought will rise. The price of the bond you bought will remain unchanged, None of the above. The price of the bond you bought will rise

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