Question: You have until 6:18 PM to complete this assignment. Part 1 Attempt 1/2 for 10 pts. About stock or bond, which statement is NOT CORRECT?

You have until 6:18 PM to complete this assignment. Part 1 Attempt 1/2 for 10 pts. About stock or bond, which statement is NOT CORRECT? Other variables held constant, there is an inverse relation between stock prices and interest rates Coupon of a bond is very much like dividend of a stock, therefore bond price drops when coupon is paid out. The share becomes undervalued once the stock price declines by the cash dividend amount. Other variables held constant, there is an inverse relation between bond prices and interest rates
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