Market yield increases, which of the following statements

Market yield increases

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Jackson central has a 6-year 8 annual coupon bond with $1,000 par value. Earls enterprise has a 12-year, 8% annual coupon bind with a $1,000 par value. Both bonds currently have a yield to maturity of 6%. which of the following statements are correct if the market yield increases to 7%

Reference no: EM132050896

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