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Question 1 3 pts Link Energy has issued bonds that have a coupon interest rate of 10%. The interbank rate has dropped from 0.5% to
Question 1 3 pts Link Energy has issued bonds that have a coupon interest rate of 10%. The interbank rate has dropped from 0.5% to 0.27%. Which of the following statements is true? The price of the bonds is expected to rise. The par value of Link Energy bonds will go down. The price of the bonds is expected to drop. The amount of interest (coupon payment) Link Energy has to pay to bondholders will go down
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