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Interest Elasticity Is the Percentage Change in the Price of a Bond

question 69

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Interest elasticity is the percentage change in the price of a bond for any given change in interest rates.


Definitions:

Manifest

means to display or show a quality or feeling through one's acts or appearance, making it obvious to the eye or mind.

Abstract

A summary of a research paper, thesis, review, conference proceeding, or any in-depth analysis of a particular subject or discipline.

Latent

Hidden; not apparent.

Abstract

A brief summary of the research, its methods, results, and conclusions found at the beginning of a scholarly article.

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