The Duration of Most Securities as the Yield Changes

question 17

Multiple Choice

The duration of most securities as the yield changes.

• A) does not changes
• B) decreases
• C) changes
• D) increases

---

Definitions:

Skills Approach

A perspective on leadership that emphasizes the importance of developing specific, learnable abilities and competencies for effective leadership.

Style Approach

A leadership paradigm that emphasizes the significance of a leader's manner of interaction with followers, focusing on task-oriented and relationship-oriented behaviors.

Great Person Approach

A theory suggesting that leadership is inherent in certain individuals who possess unique traits making them naturally suited to lead.

Skills Approach

A perspective on leadership that emphasizes the importance of leaders' capabilities, suggesting that effective leadership is a result of skills that can be learned and developed.