Kaplan Book3 Pg 106 q16.
If an Australian fund has a higher yield than New Zealand fund, why would a further increase in Australian bond yield help offset the current advantage? Why would a further decrease in NZ yield help offset the Aus advantage?
I cannot think anymore guys. What am I missing?
If an Australian fund has a higher yield than New Zealand fund, why would a further increase in Australian bond yield help offset the current advantage? Why would a further decrease in NZ yield help offset the Aus advantage?
I cannot think anymore guys. What am I missing?