Question: For a standard semi-annual coupon bond, when interest rates decrease, which of the following is true: The present value of the bond s remaining cash

For a standard semi-annual coupon bond, when interest rates decrease, which of the following is true:

The present value of the bond s remaining cash flows declines.
The price of the bond increases.
The bond is called a discount bond.
The coupon amount increases.
None of these.

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