If market yields increase shortly after the t-bond is, Financial Management

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If market yields increase shortly after the t-bond is

A 30-year Treasury bond is issued with face value of $1,000, paying interest of $42 per year. If market yields increase shortly after the T-bond is issued, what is the bond’s coupon rate? (Enter your answer as a percent rounded to 1 decimal place.)

Coupon rate %

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Financial Management: If market yields increase shortly after the t-bond is

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