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Which one of the following statements about bonds is correct? Select one: O a. When interest rates fall, bond yields increase. O b. When interest

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Which one of the following statements about bonds is correct? Select one: O a. When interest rates fall, bond yields increase. O b. When interest rates fall, coupon payments decrease. c. When interest rates fall investors make a capital gain. d. When interest rates fall investors make a capital loss. O

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