three months ago you purchased at par a 100000
Three months ago you purchased, at par, a $100,000 bond with a stated interest rate of 5%. Today, the Federal Reserve announced that it is reducing the discount rate by 0.5%. How would you expect this announcement to affect the value of your bond?
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three months ago you purchased at par a 100000 bond with a stated interest rate of 5 today the federal reserve announced that it is reducing the
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