If general interest rates increase, the interest income of an open-end bond fund will:
A) remain unchanged.
B) It cannot be determined from the information given.
C) increase.
D) decrease.
Answer: C) increase.
Investments Chapter | Multiple Choice | Questions and Answers | Test Bank
A) remain unchanged.
B) It cannot be determined from the information given.
C) increase.
D) decrease.
Answer: C) increase.