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uestion 9 One year ago, Alpha Supply issued 20-year bonds at par. The bonds have a coupon rate of 6.5%, payable semi face value of
uestion 9 One year ago, Alpha Supply issued 20-year bonds at par. The bonds have a coupon rate of 6.5%, payable semi face value of $1,000. Today the market yield on these bonds is 7.2%. What is the percentage change in the past year? O-7.19% O +5.38% O -6.11% O +5.94% O The bond price did not change.
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Financial Markets And Institutions
Authors: Frederic S. Mishkin
2nd Edition
0321014650, 9780321014658
