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Llanis Llanis
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6 years ago
A bond issuer agrees to pay a stated nominal amount each year. An increase in the nominal interest rate will cause
A) the price of the bond to fall.
B) the price of the bond to rise.
C) the nominal value of the bond's coupon to rise.
D) the nominal value of the bond's coupon to fall.
Textbook 
Microeconomics

Microeconomics


Edition: 6th
Author:
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TecShdwTecShdw
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6 years ago
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Llanis Author
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6 years ago
This calls for a celebration Person Raising Both Hands in Celebration
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Jodias
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Good timing, thanks!
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