Question: Explain why bond prices are subject to changes in interest rates. 2) Describe the characteristics of a bond and provide an example of a
Explain why bond prices are subject to changes in interest rates.
2) Describe the characteristics of a bond and provide an example of a firm or government entity that has recently issued (sold) these securities.
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Bond Prices and Interest Rates Bond prices are inversely related to interest rates When interest rat... View full answer
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