Business, 19.08.2019 23:20 michellemitchel

The statement "bond prices vary inversely with changes in the market rate of interest" means
a. that if the market rate of interest decreases, then bond prices will go up.
b. contractual interest rate increases, the market rate of interest will decrease.
c. contractual interest rate increases, then bond prices will go down.
d. market rate of interest increases, the contractual interest rate will decrease.

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The statement "bond prices vary inversely with changes in the market rate of interest" means
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