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For an ordinary bond paying 5% p.a annual coupon, if market interest rates change from 5% to 8%, then the bond holder: Select one: a.

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For an ordinary bond paying 5% p.a annual coupon, if market interest rates change from 5% to 8%, then the bond holder: Select one: a. Is exposed to decreased business risk b. has increased default risk c. Is exposed to decreased financial risk d. Is exposed to interest rate risk e. has a capital gain on the bond price

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