=8/True or false: (a) if interest rates increase, the price of fixed-rate bonds will fall; (b) if

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=8/True or false:

(a) if interest rates increase, the price of fixed-rate bonds will fall;

(b) if the nominal rate is higher than the yield to maturity, the bond will trade at less than 100% of face value;

(c) a bond with a high coupon will be worth more than a bond with a low coupon;

(d) the higher the duration, the higher the value of a bond.

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Corporate Finance Theory And Practice

ISBN: 9781118849330

4th Edition

Authors: Pierre Vernimmen, Pascal Quiry, Maurizio Dallocchio, Yann Le Fur, Antonio Salvi

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