First relationshipThe price of a bond is inversely related t
Wridemy Plagiarism Free Paper Writing Website. Visit us here Wridemy First relationshipThe price of a bond is inversely related to its yield-to-maturiy (YTM). Since YTM depends positively on the market interest rate, we can infer that as market interest rate increases (decreases), bond value decreases (increases). The change in value caused by changing interest rates … Read more