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Valentin [98]
3 years ago
6

Consider a 3-year bond with a par value of $1,000 and an 8% annual coupon. If interest rates change from 8 to 6% the bond's pric

e will:___________
a. Increase by $51.54
b. Decrease by 51.54
c. Increase by $53.46
d. Decrease by $53.46
Business
1 answer:
masya89 [10]3 years ago
3 0
It’s B Decrease by 51.54 I hope this helps
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