Multiple Choice
Bond prices and their yields are _____ because the bond's face value and _____are fixed, forcing its _____ to change in response to changing market conditions.
A) positively related; coupon payment; sales price
B) positively related; sales price; coupon payment
C) negatively related; coupon payment; sales price
D) negatively related; sales price; coupon payment
Correct Answer:
Verified
Correct Answer:
Verified
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