Question: If the payments on a bond are fixed, an increase in the market interest rate will always increase its market value. Increase its market value

If the payments on a bond are fixed, an increase in the market interest rate will
always increase its market value.
Increase its market value if its early-in-the-term payments are large relative to its later payments.
always decrease its market value.
increase its market value if its later-in-the-term payments are small relative to its earlier payments.
If the payments on a bond are fixed, an increase

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