I interested New member Mar 11, 2010 #1 Suppose you buy a 7% coupon, 20 year bond today when it is 1ST issued. if the interest rate suddenly rise to 15%, wht happens to the value of your bond? why?
Suppose you buy a 7% coupon, 20 year bond today when it is 1ST issued. if the interest rate suddenly rise to 15%, wht happens to the value of your bond? why?