151k views
0 votes
When overall interest rates rise (to 10%), the bond you already own (with 5% coupon rate) becomes _______ valuable to potential buyers, so its price will _________.

User Tanktalus
by
8.0k points

1 Answer

4 votes

Answer: Not valuable, decrease

Explanation:

This would make sense, but its indubitable.

User Aaron Mazie
by
8.1k points

No related questions found

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.