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10 Question 10 1 pts A seven-year bond with a face value of $1,000...

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Question 10 1 pts A seven-year bond with a face value of $1,000 and a 6% p.a. coupon rate has a yield to maturity of 8% p.a. If interest rates remain unchanged, what is most likely to happen to the bond's price one year from today? The price will remain unchanged. This cannot be determined without additional information. The price will be lower. The price will be higher. Previous Next >

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