What happens to the Present Value (PV) of a fixed amount to be received in 15 years if your rate of return increases? Select one: O a. The PV goes to infinity b. The PV doesn't change c. The PV decreases d. The PV increases What happens to the Present Value (PV) of a fixed amount if the length of time grows from 5 to 10 years, but the rate stays the same? Select one: The PV goes to infinity The PV decreases The PV increases The PV doesn't change The last bond issued by the Borg Face Plate Manufacturing Company was a series of $1,000 face value bonds which paid an 8.5% coupon. These bonds have a maturity date 5 years from today and make semi-annual payments. They currently have a yield to maturity of 12.34%. What will happen to the price of the bond if the market interest rate suddenly decreases to 7.41%? Select one: The bond price will increase but still trade at a discount The bond price will decrease but still trade at a premium The bond price will decrease and trade at a discount The bond price will increase and trade at a premium. The bond price will remain unchanged page Next page MacBook Air *** HE 30 PRO 660 > A N@ 1 # 3 $ 4 * % 5 6 & 7 8 Q W E R T T Y Y U o A S D F G H J J