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James has purchased a 10 year bond that pays $50 coupon. If interest rates go up,

James has purchased a 10 year bond that pays $50 coupon. If interest rates go up,
asked 72.5k views
5 votes
James has purchased a 10 year bond that pays $50 coupon. If interest rates go up,

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User Rth
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8.9k points

1 Answer

2 votes
The bond PRICE will go DOWN
answered
User Shashank Shah
by
7.9k points
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