Normally if the economy enters into a recession the federal


Normally, if the economy enters into a recession, the Federal Reserve initiates policy to lower interest rates. The bond values will likely A. remain static. B. increase as lower interest rates pressure bond values to fall. C. decrease as lower interest rates pressure bond values lower. D. increase as lower interest rates pressure bond values higher.

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Financial Management: Normally if the economy enters into a recession the federal
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