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If interest rates fall, the prices of existing bonds also. rise remain stable or rise slightly O remain unchanged fall The price of a bond

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If interest rates fall, the prices of existing bonds also. rise remain stable or rise slightly O remain unchanged fall The price of a bond depends on 1. the bond's coupon 2. the maturity date 3. current interest rates 1&3 O 1&3 O 2 & 3 O 1, 2, & 3 If a bond is selling for a discount, that implies 1. interest rates have fallen 2. interest rates have risen 3. the yield to maturity exceeds the current yield 4. the yield to maturity is less than the current yield O 1&4 O 1&3 O 2 & 3 O 2&4 A debt backed by a pool of assets, such as loans, leases, credit card debt, royalties, or receivables is known as a: O term loan O receivable loan O mortgage-back security asset-backed security

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