Which of the following factors can influence a bond's price?

The price of a bond is influenced by a variety of factors that can change over time and impact investor perceptions and behaviors. Among these factors, supply and demand play a crucial role as they dictate how much investors are willing to pay for bonds at any given moment. When demand for bonds increases, perhaps due to favorable interest rates or economic conditions, prices typically rise. Conversely, if there are more bonds available than there are buyers, prices may fall.

Credit risk is another significant factor in bond pricing. This refers to the likelihood that the bond issuer may default on interest payments or the principal amount. If a bond is perceived to have high credit risk, investors will demand a higher yield as compensation for that risk, which leads to a decrease in the bond's price. Conversely, if a bond is viewed as safe and reliable, demand may drive its price higher.

While interest rates are indeed a critical factor influencing bond prices, they are part of the broader context of supply and demand and credit risk considerations. Other factors, such as inflation and global stock market trends, can also indirectly affect bond prices, but they do not directly involve the bond's inherent characteristics or investor risk assessments. Thus, the combination of supply and demand and credit risk encapsulates the primary elements