What happens to the bond-s coupon rate and price


A 10-year bond is issued with a face value of $1,000, paying interest of $60 a year. If market yields increase shortly after the T-bond is issued, what happens to the bond's

a. Coupon rate?

b. Price?

c. Yield to maturity?

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Finance Basics: What happens to the bond-s coupon rate and price
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