FIN 370 Course Great Wisdom / tutorialrank.com FIN 370 Course Great Wisdom / tutorialrank.com | Page 19

Balance sheet

Income statement

Which of the following is a true statement?

If interest rates fall, all bonds will enjoy rising values.

If interest rates fall, corporate bonds will have decreasing values.

If interest rates fall, no bonds will enjoy rising values.

If interest rates fall, U. S. Treasury bonds will have decreasing values. ============================================

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Which one of the following statements is correct concerning the cash cycle?