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This bond pays interest monthly and quotes are in percent of par value. Coupon Rate Maturity Ask 6.4500%December 31, 2020102.75 With regard to market value

This bond pays interest monthly and quotes are in percent of par value.

Coupon RateMaturityAsk

6.4500%December 31, 2020102.75

With regard to market value risk, declining interest rates

Question 11 options:

A) decrease the value of fixed rate liabilities

B) decrease the value of fixed rate assets

C) increase the value of fixed rate assets

D) Answers a and b

E) Answers a and c

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