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Two years ago, Maple Enterprises issued 4%, 20 years bonds and Temple Corp issued 4%, 10 year bonds. Since their time of issue, interest rates have increased. Which of the following statements is true of each firm's bond prices in the market, assuming they have equal risk? Maple's decreased more than Temple's They are both priced the same Maple's increased more than Temple's Temple's decreased more than Maple's

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Accounting Basics, Accounting

Category:- Accounting Basics
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