38. If you owe a liability and interest rates go down, what happens to the market price of that liability? Is this good or bad? 39. If you owe a liability and interest rates go up, what happens to the market price of that liability? Is this good or bad? 40. In a recent new article, it was revealed that the Federal Reserve will begin to raise interest rates in the economy. What will this do to the price (market values) of the Treasury Bonds that you own, everything else held constant? 41. If you have your money invested in short term T-Bills and interest rates rise, you can take the money you earn from that T-Bill and reinvest it at the higher interest rates. This is an example of_ a) Price risk working for you b) Price risk working against you c) Reinvestment rate risk working for you d) Reinvestment rate risk working against you