A Fundamental Principle Is That a Financial Asset's Price Changes

Multiple Choice

A fundamental principle is that a financial asset's price changes in ________.

A) the same direction of the change in the required rate of return.
B) the same direction of the change in the required yield.
C) unknown and unpredictable ways compared to the change in the required yield.
D) the opposite direction of the change in the required rate of return or the required yield.