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Select the three (3) correct answers: There is an inverse relationship between the present value of the bond and its discount rate. The graph describes
Select the three (3) correct answers: There is an inverse relationship between the present value of the bond and its discount rate. The graph describes a downward sloping curve. The larger the period and the higher the discount rate, the lower the present value. There is a direct relationship between the present value of the bond and its discount rate. The graph describes an upward sloping curve
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