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Q2. A 30-year Treasury bond is issued with a par value of $100, paying a coupon of 6% or $60 per year. If interest rates
Q2. A 30-year Treasury bond is issued with a par value of $100, paying a coupon of 6% or $60 per year. If interest rates increase after the T-bond is issued, what happens to the bonds a) coupon rate? b) price? c) yield to maturity?
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