The Yield Value of a 32nd Is the Change Needed

question 29

Multiple Choice

The yield value of a 32nd is the change needed in which one of the following to cause a bond's price to change by 1/32nd?

• A)current yield
• B)yield to maturity
• C)coupon rate
• D)call premium
• E)call date

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Definitions:

Milgram Experiment

A psychological experiment conducted by Stanley Milgram in the 1960s to study obedience to authority, where participants were instructed to administer electric shocks to another person.

Stanford University Prison Experiment

A psychological study conducted by Philip Zimbardo in 1971 at Stanford University, where students were assigned roles of prisoners and guards to explore the effects of perceived power.

Generalization

Drawing a conclusion about a certain characteristic of a population based on a sample from it.

Logical Support

The provision of reasons or evidence to justify a claim or argument.