Suppose a bond with no expiration date has a face value of $$10,000$ and annually pays a fixed amount of interest of $$750.$

In the table provided below, calculate and enter either the interest rate that the bond would yield to a bond buyer at each of the bond prices listed or the bond price at each of the interest yields shown.

Instructions: Enter your answers in the gray$-$shaded cells. For bond prices, round your answers to the nearest hundred dollars. For interest yields, round your answers to $2$ decimal places.

What generalization can you draw from the completed table?

multiple choice

Bond prices and interest rates are inversely related.

There is insufficient data to make a generalization.

Bond prices and interest rates are not related.

Bond prices and interest rates are directly related.