The Price Sensitivity of a Bond to a Given Change

question 67

True/False

The price sensitivity of a bond to a given change in interest rates is generally greater the longer the bond's remaining maturity.

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Definitions:

IT Staff

Employees or team members responsible for managing and maintaining information technology and computer systems within an organization.

Sales Staff

Employees responsible for selling products or services and interacting with customers to achieve sales goals.

Fashion Retail Business

A commercial enterprise specializing in the sale of clothing and accessories to consumers.

Same Proportion

A principle where two quantities increase or decrease at the same rate, maintaining the same relationship.