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(Solved): If a bond pays a fixed annual coupon rate of 5%, and the prevaiing market rate increases to 7%, what ...
If a bond pays a fixed annual coupon rate of
5%, and the prevaiing market rate increases to
7%, what would you expect to happen to the bond's orice? The price would increase. The nive waild derrewe The price would remain corstant. The price would fluctuate unpredictably. None of the answers provided are correct
