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Business, 08.01.2020 22:31 SmokeyRN

Suppose ford motor company issues a five year bond with a face value of $5,000 that pays an annual coupon payment of $150.
what is the interest rate ford is paying on the borrowed funds?
suppose the market interest rate rises from 3% to 4% a year after ford issues the bonds. will the value of the bond increase or decrease?

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