Question: Question 1 2 pts If market interest rates decrease from 6 % to 5 % , what would happen to the price of a bond

Question 1
2 pts
If market interest rates decrease from 6% to 5%, what would happen to the price of a bond with a 6% coupon rate?
The bond's price would increase, causing it to trade at a premium.
The bands coupon pryment would adjust down from $60 to $50.
The bond's price would remain unchanged.
This bonds prlce would decrease, eavsing it to trade at a discount.
Question 1 2 pts If market interest rates

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