True or false: if interest rates increase, the price of fixed-rate bonds will fall; if the nominal

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True or false:

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

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

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

the higher the duration, the higher the value of a bond.

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Corporate Finance Theory And Practice

ISBN: 9781119841623

6th Edition

Authors: Pascal Quiry, Yann Le Fur, Pierre Vernimmen

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