Business
Business, 27.02.2020 04:26, ruchierosanp1n3qw

Suppose you buy a 7 percent coupon, 20-year bond today when it’s first issued. If interest rates suddenly rise to 15 percent, what happens to the value of your bond?

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Suppose you buy a 7 percent coupon, 20-year bond today when it’s first issued. If interest rates sud...

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