Question
Which of the following characteristics of most debt instruments cause bond prices to vary inversely with changes in financial market interest rates? A. coupon rates
Which of the following characteristics of most debt instruments cause bond prices to vary inversely with changes in financial market interest rates?
| A. | coupon rates | |
| B. | maturity dates | |
| C. | par redemption values | |
| D. | all of the above |
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Financial Management Principles And Applications
Authors: Arthur J. Keown, J. William Petty, John D. Martin, Jr. Scott, David F.
10th Edition
0131450654, 9780131450653
