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How an increase in interest rate affects bond prices? Question 6 options: It increases the price of premium bonds and decrease the price of discounted
How an increase in interest rate affects bond prices?
Question 6 options:
| It increases the price of premium bonds and decrease the price of discounted bonds |
| It decreases the price of premium bonds and increase the price of discounted bonds |
| It increases the price of both premium and discounted bonds |
| It decreases the price of both premium and discounted bonds |
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