Based on Your Text's Discussion, Which Alternative Best Describes the Relationship

question 2

Multiple Choice

Based on your text's discussion, which alternative best describes the relationship between intelligence and presidential leadership ability

• A)negative
• B)curvilinear
• C)zero
• D)positive

---

Definitions:

Modified Duration

A measure that estimates the price sensitivity of a bond to a one percent change in interest rates, adjusting for the changing yield to maturity.

Yield To Maturity

The total return anticipated on a bond if the bond is held until it matures.

Duration

A measure of the sensitivity of the price of a bond or other fixed-income investment to changes in interest rates, typically expressed in years.

Basis Points

Basis Points are a unit of measure used in finance to describe the percentage change in the value or rate of a financial instrument, with one basis point being 1/100th of 1%.