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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.


Definitions:

Renal Capsule

A tough, fibrous layer surrounding the kidney and providing it with protection and structure.

Adipose Capsule

A layer of fat that surrounds organs, providing them with cushioning and insulation.

Renal Columns

Inward extensions of the cortical tissue of the kidney, separating the renal pyramids and helping support the structure of the kidney.

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