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In a letter to your 12 year old brother explain why the price of a bond...

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Finance

In a letter to your 12 year old brother explain why the price ofa bond and in the interest earned on the holding of a bond mustmove opposite direction. Please make in a letter.

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3.5 Ratings (346 Votes)
Hi Tom I hope you are doing well In the previous letter you wanted to know what is the relation between bond price and interest rate and why Today I am going to explain you this    See Answer
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In a letter to your 12 year old brother explain why the price ofa bond and in the interest earned on the holding of a bond mustmove opposite direction. Please make in a letter.

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