Explain interest rate risk and how it is related to the movements of a teeter-totter.
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➡️ Interest rate risk is the chance that an unexpected change in interest rates will negatively affect the value of an investment. How it works/Example: Let's assume you purchase a bond from Company XYZ.
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Explanation:
Interest rate risk is the chance that an unexpected change in interest rates will negatively affect the value of an investment. How it works/Example: Let's assume you purchase a bond from Company XYZ
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