The Value of a 15-Year Bond Will Change ____ for a Given

question 27

Multiple Choice

The value of a 15-year bond will change ____ for a given change in the required rate of return than will the value of a 5 year bond.

• A) more
• B) less
• C) the same percentage
• D) exactly the same

---

Definitions:

Mental Health

A state of well-being in which an individual realizes his or her own abilities, can cope with the normal stresses of life, can work productively, and is able to make contributions to their community.

Alfred Adler

An Austrian medical doctor and psychotherapist known for founding the school of individual psychology.

Positive State

A psychological condition or situation where an individual experiences positive emotions, well-being, or happiness.

Sex Drive

The biological and psychological inclination towards sexual activity and expression; also known as libido.