Question
Which of the following is true? 1.When interest rates in the economy decrease, bond prices increase 2.As its coupon decreases, a bond's price decreases 3.Longer
Which of the following is true?
1.When interest rates in the economy decrease, bond prices increase
2.As its coupon decreases, a bond's price decreases
3.Longer maturity bonds can be worth more or less than shorter maturity bonds when the coupon rates are the same
4.All of the answers listed
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Business Finance
Authors: Brian Watts
8th Edition
0712110720, 978-0712110723
