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What happens to the value of a four-year fixed income security promising $100 per year if...

  1. What happens to the value of a four-year fixed income security promising $100 per year if the market interest rate rises from 5% to 6% per year?

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After finding the values at interest rates of 5% and 6% we find that at 6% the value of the bond is lesser than the interest rate at 5%

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