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Business, 04.01.2020 03:31 legend101xD
When a $1000 bond is initially sold at 5 percent "coupon" yield for 30 years, $50 (.05 x $1,000) interest per year is paid to the buyer of the bond. however, if interest rates decrease to 4 percent for similar bonds issued later on, then the market price of the initial bond will ..
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When a $1000 bond is initially sold at 5 percent "coupon" yield for 30 years, $50 (.05 x $1,000) int...
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