The price of a bond having no expiration date is originally $$5,000$ and has a fixed annual interest payment of $$600.$ A rise in the price of the bond by $$1,000$ will provide a new buyer of the bond an interest rate of This shows that bond price has a $$ relationship with interest rate.

$12\%,$ negative

$10\%,$ positive

$10\%,$ negative

$12\%,$ positive