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Bennifer jeweleres recently issued a ten-yr bond that make

Bennifer jeweleres recently issued a ten-yr bond that make annual intrest payments of $50. Supposed you purchased on of these bonds at par value when it was issued. Right away, market interest rates jumped, and the YTM on youor bond rose 6%. What happened to your bond.

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Business Management: Bennifer jeweleres recently issued a ten-yr bond that make

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Business Management: Bennifer jeweleres recently issued a ten-yr bond that make

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