Question: Assuming all else stays equal, when interest rates rise Select one: a. bond prices go up. b. bond prices go down. c. bond prices may
Assuming all else stays equal, when interest rates rise
Select one:
a. bond prices go up.
b. bond prices go down.
c. bond prices may go up or down, depending on whether it is a premium bond or a discount bond.
d. bond prices may go up or down, depending on the time to maturity of the bonds.
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
