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What happens to the price of a three-year annual coupon paying bond with an 8% coupon when interest rates change from 8% to 8.55% ?
What happens to the price of a three-year annual coupon paying bond with an 8% coupon when interest rates change from 8% to 8.55% ?
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When interest rates increase the price of coupon bonds generally decreases This is because the fixed ...
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Personal Finance
Authors: Thomas Garman, Raymond Forgue
12th edition
9781305176409, 1133595839, 1305176405, 978-1133595830
