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If overall interest rates in the economy rise, a corporate bond with a fixed interest rate will generally:
Aincrease in value.
Bdecrease in value.
Cremain unchanged.
Dbecome worthless.
If overall interest rates in the economy rise, a corporate bond with a fixed interest rate will generally:
Aincrease in value.
Bdecrease in value.
Cremain unchanged.
Dbecome worthless.