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Question 17 3 pts Because of the impact from the pandemic we have been experiencing, the Federal Reserve decided to further cut the target rate.

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Question 17 3 pts Because of the impact from the pandemic we have been experiencing, the Federal Reserve decided to further cut the target rate. Upon this announcement, what would be the most likely reaction by the Treasury securities? Their market prices would increase Their market prices would decline Their coupon rates would increase Their coupon rates would decline No changes would be expected

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