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X Company was issued with a nominal value of 1 0 0 0 TL and a credit record with a maturity of 1 0 years.

X Company was issued with a nominal value of 1000 TL and a credit record with a maturity of 10 years. Coupon rate is 10%. What will be its value if the market interest rate rises to 14% after 1 year? What is the relationship between market interest rate and loan value?

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