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19 votes
19 votes
When overall interest rates rise (to 10%), the bond you already own (with 5% coupon rate) becomes _______ valuable to potential buyers, so its price will _________.

User Beto Neto
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1 Answer

13 votes
13 votes

Answer: Not valuable, decrease

Explanation:

This would make sense, but its indubitable.

User Guinn
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