Which of the following is true?
A) The bond yield is fixed for the life of the bond, but the bond price can vary.
B) The bond yield and bond price are positively related.
C) The bond price is fixed for the life of the bond, but the bond yield can vary.
D) The bond yield and the bond price are inversely related.
E) The bond yield and bond price are both fixed for the life of the bond.
Correct Answer:
Verified
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