Question: If a bond is selling for a premium, what does this indicate has happened to market interest rates since the bond was issued? (Reminder: bond
If a bond is selling for a premium, what does this indicate has happened to market interest rates since the bond was issued? (Reminder: bond prices and market interest rates are like a seesaw!)
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| Market interest rates have decreased which has caused this bond's price to increase | |
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| Market interest rates have decreased which has caused this bond's price to decrease | |
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| Market interest rates have increased which has caused this bond's price to increase | |
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| Market interest rates have increased which has caused this bond's price to decrease |
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