Item$37$

$2$points

Time Remaining $1$ hour $24$ minutes $3$ seconds

$01$:$24$:$03$

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Item $37$

Time Remaining $1$ hour $24$ minutes $3$ seconds

$01$:$24$:$03$

If interest rates in the overall economy decrease, what will happen to the market value of a corporate bond?

Multiple Choice

The bond is worthless.

The value of the bond will not change.

The value of the bond will increase.

The value of the bond will decrease.