Why does a bond price change when interest rates change?

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Fundamentals of Investment Management

ISBN: 978-0078034626

10th edition

Authors: Geoffrey Hirt, Stanley Block

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Question Posted: Sep 21, 2015 05:32 AM

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Why does a bond price change when interest rates change?

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Since the bond has a fixed return the interest promised based on the bond ...View the full answer

Fundamentals of Investment Management

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