When Market Interest Rates Exceed a Bond's Coupon Rate,the Bond

question 78

Multiple Choice

When market interest rates exceed a bond's coupon rate,the bond will:

• A) sell for less than par value.
• B) sell for more than par value.
• C) decrease its coupon rate.
• D) increase its coupon rate.

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Refers to substances made from carbon-based compounds, typically resulting from the chemical reactions involving living organisms or their byproducts.

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