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2.10 Explain the impact of an increase in interest rates on: 2.10.1An investor's required rate of return. 2.10.2 Present value of existing bonds. 2.10.3 The

2.10 Explain the impact of an increase in interest rates on:

2.10.1An investor's required rate of return.

2.10.2 Present value of existing bonds. 2.10.3 The prices of existing bonds.

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