There is a specific relationship between the price of a bond and its yield. Which of the following describes that relationship?
a. If the price falls, the yield stays the same, but if the price rises, the yield rises.
b. As the price falls, the yield falls.
c. If the price rises, the yield stays the same, but if the price falls, the yield falls.
d. As the price rises, the yield rises.
e. As the price rises, the yield falls.
E
Economics
You might also like to view...
As of 2009, the U.S. federal deficit had reached nearly __________ of GDP
a. -3.0 percent b. -6.0 percent c. -12.0 percent d. -5.0 percent e. -7.0 percent
Economics
The term loanable funds refers to money that is available for borrowing by households, businesses, and governments
a. True b. False Indicate whether the statement is true or false
Economics