The economy appears to be at a low point and interest rates


The economy appears to be at a low point and interest rates are expected to rise in the near future. You own 10 MCD bonds in your investment portfolio, and the current market value (present value) of these bonds is $11,965. These bonds mature in 5 years. If interest rates do rise over the next 12 months, will the market value of your bonds increase or decrease?

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Financial Management: The economy appears to be at a low point and interest rates
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