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Treasury bonds
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A10-year Treasury bond is issued with a face value of $1,000, paying interest of $60 a year. If market yields increase shortly after the T-bond is issued, what happens to the bond's:
a. coupon rate?
b. price?
c. yield to maturity?
I dont understand how to answer need some help please.
a. coupon rate?
b. price?
c. yield to maturity?
I dont understand how to answer need some help please.
Answers
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