When interest rates fall, the present value of the bond’s remaining cash flows increases, and the bond is worth more.（）

rise, and investment falls.()

13,The price of treasuries rises as interest rates fall, and the opposite is true when interest rates rise. Therefore, the best time to buy treasuries is when interest rates are relatively ______. (high/low)

ed to()

A、increases in net interest income and decreases in the market value of equity when interest rates fall.

B、decreases in net interest income and decreases in the market value of equity when interest rates fall.

C、decreases in net interest income and increases in the market value of equity when interest rates increase.

D、increases in net interest income and increases in the market value of equity when interest rates increase.

E、decreases in net interest income and decreases in the market value of equity when interest rates increase.

A.discourage

B.distribute

C.disappoint

D.disturb

When interest rates fall, the price of a callable bond will:

A.rise more than an option-free bond.

B.rise less than an option-free bond.

C.fall less than an option-free bond.