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A company has a fixed-rate semi-annual coupon bond outstanding. An increase in the market rate of interest will have which one of the following effects

A company has a fixed-rate semi-annual coupon bond outstanding. An increase in the market rate of interest will have which one of the following effects on this bond?

a)increase the coupon rate

b)decrease the coupon rate

c)increase the market price

d)decrease the market price

e)increase the time period

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