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Your company's investments include $5million worth of 10-year Treasury coupon bonds. The yield curve is currently in its normal shape. You were listening the financial

Your company's investments include $5million worth of 10-year Treasury coupon bonds. The yield curve is currently in its normal shape. You were listening the financial news on Bloomberg and just heard that the yield curve is steepening, with the short-termrates staying the same, long term rates increasing. What you do you think the impact on your bond price will be? What happens to YTM of your bond? Please explain.

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