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What happens to the coupon rate of a bond that pays $80 annually in interest of interest rates change from 9% to 10%? A- the
What happens to the coupon rate of a bond that pays $80 annually in interest of interest rates change from 9% to 10%?
A- the coupon rate increases to 10%
B- the coupon rate remains at 9%
C- the coupon rate remains at 8%
D- the coupon rate decreases to 8%
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