If a 20-year $1000 bond has an 8% coupon rate, what will its value be if current interest rates for such a bond are 6%? What if current interest rates for such a bond were 10%?
If a 20-year $1000 bond has an 8% coupon rate, what will its value
be if current interest rates for such a bond are 6%? What if current interest rates for such a bond were 10%?
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