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Market interest rates (long term Treasuries) have gone up in the last few months from about 4% to 7%. You have had a long term
Market interest rates (long term Treasuries) have gone up in the last few months from about 4% to 7%. You have had a long term Treasury Bond in your portfolio with a coupon rate of 5%. Which of the following is true about the market price of your Treasury bond? O A. It has gone from being priced above par to being priced below par. B. It has gone from being priced below par to being priced above par. O C. It has gone from being above par to being further above par. O D. It has gone from being below par to being further below par
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