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What happens to the price and interest rate of a bond if the demand for that bond increases? Choose 1 answer: Choose 1 answer: (Choice
What happens to the price and interest rate of a bond if the demand for that bond increases? Choose 1 answer: Choose 1 answer: (Choice A) Price increases; interest rate is unaffected. A Price increases; interest rate is unaffected. (Choice B) Price increases; interest rate increases. B Price increases; interest rate increases. (Choice C) Price increases; interest rate decreases. C Price increases; interest rate decreases. (Choice D) Price decreases; interest rate decreases. D Price decreases; interest rate decreases. (Choice E) Price is unaffected; interest rate is unaffected. E Price is unaffected; interest rate is unaffected
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