Question: Select the three ( 3 ) correct answers: ( A ) There is an inverse relationship between the present value of the bond and its
Select the three correct answers:
A There is an inverse relationship between the present value of the bond and its discount rate.
There is a direct relationship between the present value of the bond and its discount rate.
C The larger the period and the higher the discount rate, the lower the present value.
The graph describes an upward sloping curve.
The graph describes a downward sloping curve.
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