After a bond is sold the going rate of interest increases, Ask an Expert

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After a bond is sold, the going rate of interest increases. This will have the effect of ___ the present value of remaining interest payments, and _____ the present value of the face value to be received at maturity.

A. Decrease, increase

B. Increase, decrease

C. Increase, Increase

C. Decrease, Decrease

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92306007

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