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If the Prevailing Rate of Interest in the Economy Were

Question 3

Multiple Choice

If the prevailing rate of interest in the economy were to rise, what effect would this have on the market price of existing bonds?


A) The market price would also rise.
B) The market price would fall.
C) The market price is not related to the prevailing rate of interest, thus no change.
D) The market price falls when the real interest rate is negative.

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