Question: If a bond's value rises above its par value during its life, interest rates have: gone up gone down stayed the same there is no

If a bond's value rises above its par value during its life, interest rates have:

gone up

gone down

stayed the same

there is no correlation with interest rates

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!