BUSN 380 Course Great Wisdom / tutorialrank.com BUSN 380 Course Great Wisdom / tutorialrank.com | Page 43

Less than 2 years

In 2–5 years

More than 5 years

Less than 1 year

None of the above

Question 3. 3. (TCO 5) You currently hold a $1,000 corporate bond;
however, if interest rates in the overall economy increase, which of
the following is most likely to be the market value of this bond?

$900

$1,100