Question: For a standard semi-annual coupon bond, when interest rates decrease, which of the following is true: O The bond is called a discount bond. O
For a standard semi-annual coupon bond, when interest rates decrease, which of the following is true: O The bond is called a discount bond. O The price of the bond increases. O None of these. O The present value of the bond s remaining cash flows declines. O The coupon amount increases
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