What will happen to the value of outstanding, Financial Management

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What will happen to the value of outstanding

If current market interest rates rise, what will happen to the value of outstanding bonds?

1. They will rise.

2. They will remain unchanged.

3. There is no connection between current market interest rates and the value of outstanding bonds.

4. They will fall.

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Financial Management: What will happen to the value of outstanding

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Financial Management: What will happen to the value of outstanding

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