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Posted on May 25, 2024

What would happen to the price of a three-year coupon-paying bond, with a face value of $100 and a coupon rate of 10% per annum

What would happen to the price of a three-year coupon-paying bond, with a face value of $100 and a coupon rate of 10% per annum (coupon paid quarterly), if the required rate of return was: (a) 12% per...

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