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jacobysmith jacobysmith
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Posts: 271
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5 years ago
When the coupon rate on newly issued bonds ________ relative to older, outstanding bonds, the market price of the older bond ________
A) decreases; rises in the secondary market
B) decreases; falls in the secondary market
C) increases; falls in the secondary market
D) increases; falls in the primary market
Textbook 
InMacro

InMacro


Edition: 1st
Authors:
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cliffy420cliffy420
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Posts: 191
5 years ago
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