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You have purchased a fixed coupon bond issued by Deutsche bank. The bond is issued in EUR. At the time of the purchase, the YTM

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You have purchased a fixed coupon bond issued by Deutsche bank. The bond is issued in EUR. At the time of the purchase, the YTM of the bond for the American investor was 5% and the exchange rate was USD 1.2/EUR. What will happen to the value of the bond for the American investor if there is a prolonged crisis in the EU? The European Central Bank pushes the target rate down and the USD sharply appreciates. go up not enough information O remain constant go down uncertain

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