Interest rates and bond prices:
A. Move in the same direction
B. Move in opposite directions
C. Sometimes move in the same direction, sometimes in opposite directions
D. Have no relationship with each other (i.e., they are independent)
Interest rates and bond prices:
A. Move in the same direction
B. Move in opposite directions
C. Sometimes move in the same direction, sometimes in opposite directions
D. Have no relationship with each other (i.e., they are independent)