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Bond Pricing and Interest Rates

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The price of a bond is responsive to prevailing interest rates in the market. This means that an increase in interest rates lowers the price of a bond and vice versa. This occurs because newly sold bonds issued at a higher rate of interest will offer more attractive yields as compared to those with lower rates of interest and therefore will be less in demand. Individuals may sell thos... https://finxl.in/make-financial-budget-from-scratch-certification-online-training-courses.html

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