Consider the tollowing two statements:
Statement I : Bond value would decline when the market rate of interest rises. Statement II : There is a positive relationship between the value of a bond and the interest rate. Select the correct code:A. | Statement I and Statement II both are correct. |
B. | Statement I is correct, but Statement II is incorrect. |
C. | Statement II is correct, but Statement I is incorrect. |
D. | Statement I and Statement II both are incorrect. |
Answer : B Explanation : |
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Option: A Explanation : Explanation will come here. Explanation will come here. Explanation will come here. Explanation will come here. Explanation will come here. |