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Suppose you buy a 10% coupon, 20 year bond today when it's first issued interest rates suddenly drop to 5%, what happens to the value

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Suppose you buy a 10% coupon, 20 year bond today when it's first issued interest rates suddenly drop to 5%, what happens to the value of your band The value of the bond is determined in the bord indertur The value of the bond remains unchanged The value of the bond decreases The value of the bond Increases

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