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(10 marks) Q3. State whether the following statement is True or False and explain why. A bond's price is higher when its fixed rate of

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(10 marks) Q3. State whether the following statement is True or False and explain why. "A bond's price is higher when its fixed rate of coupon is higher." (10 marks) Q4. Briefly explain the meaning of B (beta) in finance and detail how it is calculated. (10 marks)

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