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XL Inci has just issued new long-term debt which sold at face value and has a maturity of 3 years if interestrates drop over the

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XL Inci has just issued new long-term debt which sold at face value and has a maturity of 3 years if interestrates drop over the next year, what will be the impact on the market value of the debt at the end of the year? Selectone: It will be higher than face value. There is not enough information to determine the outcome. It will be lower than face value. ft will be unchanged

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