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Bond prices and yields

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aonlychild1 | 19:25 Tue 17th Apr 2007 | Business & Finance
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a company issues a bond at face value several years ago at a yield to maturity of 7%. with 8 years left until the maturity of the bonds the company has run into hard times and the yield to matruity on the bonds has increased to 15%. What has happened to the price of the bond?
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