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What happens when happens when interest rate (i.e. yield-to-maturity) decreases on a bond? A. The price of the bond increases. OB. The coupon rate of

What happens when happens when interest rate (i.e. yield-to-maturity) decreases on a bond? A. The price of the bond increases. OB. The coupon rate of the bond increases. O C. The par value of the bond decreases. D. The coupon payments are adjusted to the new discount rate.
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What happens when happens when interest rate (i.e. yield-to-maturity) decreases on a bond? A. The price of the bond increases. B. The coupon rate of the bond increases. C. The par value of the bond decreases. D. The coupon payments are adjusted to the new discount rate. What happens when happens when interest rate (i.e. yield-to-maturity) decreases on a bond? A. The price of the bond increases. B. The coupon rate of the bond increases. C. The par value of the bond decreases. D. The coupon payments are adjusted to the new discount rate

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