You bought a bond last year for $102.50 and just sold it for $98.50. What has happened

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You bought a bond last year for $102.50 and just sold it for $98.50. What has happened to the interest rate over that period?

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Introduction To Corporate Finance

ISBN: 9781118300763

3rd Edition

Authors: Laurence Booth, Sean Cleary

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Question Posted: Feb 25, 2015 09:25 AM

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You bought a bond last year for $102.50 and just sold it for $98.50. What has happened

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When the bond was trading at 10250 the interest rate ...View the full answer

Introduction To Corporate Finance

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