Question: You have purchased a 1 2 1 2 % coupon bond for $ 1 comma 0 2 0 1 , 0 2 0 . What

You have purchased a
1212%
coupon bond for
$1 comma 0201,020.
What will happen to the bond's price if market interest rates rise?
Question content area bottom
Part 1
If market interest rates rise, the bond's price will
increase
.
(Select from the drop-down menu.)

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