You just bought a 6 coupon bond for 1105 it has a 7-yr


you just bought a 6$ coupon bond for $1105. it has a 7-yr remaining maturity, a $1000 face value, and pays semiannual coupons. What will be the bond's price 3 years from now if the market interest rates increase by 2%.

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Finance Basics: You just bought a 6 coupon bond for 1105 it has a 7-yr
Reference No:- TGS0598114

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