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7 years ago
If the level of interest rates increases, then the current value and price of a bond paying a fixed interest payment will
A) remain unchanged since its underlying value, the interest payment is fixed.
B) fall since new bonds offer higher rates.
C) rise since new bonds offer higher rates.
D) first rise then fall as bond investors calculate the effects of the change in rates.
Textbook 
Macroeconomics

Macroeconomics


Edition: 12th
Author:
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thecromthecrom
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6 years ago
Thank you for helping me all throughout my semester
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