Hich of the following is most likely to be the market value

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Reference no: EM13262825

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
$1,000
The value of the bond will not change.
It is impossible to determine whether the bond's value will increase or decrease.

Reference no: EM13262825

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