If the Price of Bonds Falls,the

question 52

Multiple Choice

If the price of bonds falls,the

• A) demand for bonds will rise
• B) supply of bonds will fall
• C) supply of bonds will rise
• D) interest rate will rise
• E) interest rate will fall

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Definitions:

Priority Lien

refers to a lien that has precedence over other liens or claims on a property or asset, often determined by the order of recording or specific statutory provisions.

Super-Priority Lien

A lien that takes precedence over all existing liens on a property, ensuring that a particular creditor is paid before any others in the event of a default.

Ace

A term often associated with achieving excellence or a high level of skill in a particular area.

Contractor

A person or corporation that agrees to a contract to supply materials or workforce to execute a service or complete a task.