If overall interest rates in the economy fall,a corporate bond with a fixed interest rate will generally:

Name: If overall interest rates in the economy fall,a corporate bond with a fixed interest rate will generally:
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When overall interest rates in the economy fall, existing bonds with higher fixed interest rates become more valuable compared to new bonds issued at the now lower prevailing rates. This increased demand for the higher-yielding bonds drives up their market value.

If Overall Interest Rates in the Economy Fall,a Corporate Bond