The type of relationship that exists between bondprices and interest rates is best

Chapter 16, Problem 2

(choose chapter or problem)

The type of relationship that exists between bondprices and interest rates is best described by whichof the following? a. When interest rates rise, bond prices fall. b. When interest rates rise, bond prices rise. c. When interest rates fall, bond prices fall. d. When interest rates fall, bond price may rise orfall.

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