QUESTION 11 Other things remaining the same, if the discount rate goes down,...
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Accounting
QUESTION 11
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Other things remaining the same, if the discount rate goes down, the value of a bond
a. does not change
b. goes up
c. goes down
d. any of the above is possible
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For a par bond
a. B0 is less than M
b. B0 is greater than M
c. B0 is equal to M
d. none of the above
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