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suppose ford motor company sold an issue if bonds with a 10-year maturity, a $1000 par value and a 7 percent coupon rate and semiannual

suppose ford motor company sold an issue if bonds with a 10-year maturity, a $1000 par value and a 7 percent coupon rate and semiannual interest payments. A. Two years after tge bonds were issued, the going rate if interest on bonds such as these fell to 6 percent. at what price would the bonds selk? B. suppose tgat tge interest rate remained at 6 percent for the next eight years. Wgat woukd hapoen to the price of the Ford Motor Company bonds over time?

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