Question: If interest rates go up _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
If interest rates go up
then long term bonds will go up in price
then short term bonds will go up in price
then long term bonds will go down in price
both a and b
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
