Assume Market Interest Rates Have Risen Substantially in the 5

Multiple Choice

Assume market interest rates have risen substantially in the 5 years since an investor purchased Treasury bonds that were offering a 6% return over their 15-year life.If the investor sells now,he or she is likely to realize a total return that is:

A) greater than 6%.
B) less than 6%.
C) equal to 2%.
D) equal to 6%.