jcece8417 jcece8417
  • 06-06-2023
  • Business
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James' bonds mature in 10 years and have a coupon rate of 8%. If the market rate of interest decreases, then the:
O market price of the bond will decrease. O coupon payment will increase. O market price of the bond will increase.
O yield to maturity will be higher than the coupon rate. O coupon rate will also increase.

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