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