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If interest rates in the overall economy increase to 8 percent, which one of the following is most likely to be the market value of

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If interest rates in the overall economy increase to 8 percent, which one of the following is most likely to be the market value of a $1,000 corporate bond with a fixed interest rate of 7 percent? Multiple Choice $0 $900 $1,100 $1,000 $1,300

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