Question 35 ( 2 points) An investor is more likely to exercise a put option on a bond after 1) a decrease in interest rates. 2) an increase in interest rates. 3) an increase in the bond's price. 4) an upgrade of the bond's rating by Moody's.

Question 35 (2 points) An investor is more likely to exercise a put option on a bond after 1) a decrease in interest rates. 2) an increase in interest rates. 3) an increase in the bond's price. 4) an upgrade of the bond's rating by Moody's