The walthers company has a semi annual coupon bond outstanding. An increase in the market rate of interest will have which one of the following effects on this bond
Answer: Decrease in market price
The walthers company has a semi annual coupon bond outstanding. An increase in the market rate of interest will have which one of the following effects on this bond
Answer: Decrease in market price
If the answers is incorrect or not given, you can answer the above question in the comment box. If the answers is incorrect or not given, you can answer the above question in the comment box.