Match the Items with the Correct Description Below

question 24

Multiple Choice

Match the items with the correct description below.
-Hardness

• A)Resistance to deformation
• B)The greatest stress a structure can withstand without permanent
• C)The resistance of a solid to penetration
• D)The maximum amount of stress a material can withstand without
• E)The ability of a material to resist fracture

---

Definitions:

Modified Duration

A measure of the sensitivity of a bond’s price to changes in interest rates, indicating how much the price will change as interest rates move.

Semiannually

Occurring or payable twice a year.

Steel Pier

A historic oceanfront amusement park located in Atlantic City, New Jersey, known for its entertainment offerings.

Modified Duration

A measure that quantifies the sensitivity of a bond's price to changes in interest rates, adjusted for the bond's yield.