Falling interest rate leads change to bondholder income which is__________?

Correct answer: A. Reduction in income

  • A. Reduction in income
  • B. Increment in income
  • C. Matured income
  • D. Frequent income

Explanation

Falling interest rates reduce the return available when coupon payments are reinvested, so the bondholder's overall income may decline. The original fixed coupon on an existing bond does not itself change, but reinvestment income does.

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