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    Exam 10: Medium-To-Long-Term Debt
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    The Price of a Bond with a Fixed Coupon Has
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The Price of a Bond with a Fixed Coupon Has

Question 89

Question 89

Multiple Choice

The price of a bond with a fixed coupon has a/an _______ relationship with the market interest rates.


A) constant
B) linear
C) varying
D) inverse

Correct Answer:

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