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    Exam 4: Applying the Time Value of Money to Security Valuation
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    When Interest Rates Increase,interest Receipts Can Be Rolled Over into a New
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When Interest Rates Increase,interest Receipts Can Be Rolled Over into a New

Question 51

Question 51

Short Answer

When interest rates increase,interest receipts can be rolled over into a new investment with a higher interest rate.This is known as the _____________ effect.

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