(SOLVED) A 30 year Canada bond is issued with par value of


Question Description:

$15

A 30¬∑year Canada bond is issued with par value of $1,000, paying interest of $60 per year. lf market yields increase shortly after the bond is issued, what happens to the bond’s
a. Coupon rate
b. Price
c. Yield to maturity
d. Current yield

Answer

$15