What will the new price of the bond be if the interest rate
Pricing a Bond. If a bond promises to pay $110 next year and the interest rate is 5 percent per year:
a. What will the price of the bond be?
b. What will the new price of the bond be if the interest rate falls to 3 percent?
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pricing a bond if a bond promises to pay 110 next year and the interest rate is 5 percent per yeara what will the price
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