Question: An unexpected decrease in market interest rates will cause a: Select one: a. fixed-rate bond's coupon rate to decrease. b. coupon bond's yield-to-maturity to decrease.
An unexpected decrease in market interest rates will cause a: Select one: a. fixed-rate bond's coupon rate to decrease. b. coupon bond's yield-to-maturity to decrease. c. zero coupon bond's price to decrease. d. coupon bond's current yield to increase. e. zero-coupon bond's current yield to decrease.
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