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What happens when a bond's expected cash flows are discounted at a rate lower than the bond's coupon rate? Question 28 options: The price of

What happens when a bond's expected cash flows are discounted at a rate lower than the bond's coupon rate?

Question 28 options:

The price of the bond increases.

The coupon rate of the bond increases.

The par value of the bond decreases.

The coupon payments will be adjusted to the new discount rate.

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