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Other things being equal, what happens to the current price of a bond if the bond has a larger par value? Decrease. Increase. No change.
Other things being equal, what happens to the current price of a bond if the bond has a larger par value?
Decrease.
Increase.
No change.
Cannot be determined without knowing the market interest rate.
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Affordable Housing Finance
Authors: K. Hawtrey
2009th Edition
0230555187, 978-0230555181
