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1. Which of the following statements is/are most true? (NOTE: assume that all factors except the ones mentioned in each statement are held constant). (5

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1. Which of the following statements is/are most true? (NOTE: assume that all factors except the ones mentioned in each statement are held constant). (5 points) a. b. c. If the coupon rate decreases, the bond price will also increase. If the interest rate decreases, the bond price will be lower. If the present value of future cash flow to be received 10 years from today decreases, the interest rate must have decreased. A quick ratio much smaller than the current ratio reflects that a very large portion of current assets is in inventory. None of the above d. e

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