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The Cheltenham Company has a semi-annual coupon bond outstanding.A increase in interest rates will have which one of the following effects on the bond? .

The Cheltenham Company has a semi-annual coupon bond outstanding.A increase in interest rates will have which one of the following effects on the bond?

A.decrease the coupon rate

B.increase the coupon rate

C.increase the time to maturity

D.decrease the market price

E.increase the market price.

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