If You Purchase a 10 Year Bond Today with the Intention

question 161

Multiple Choice

If you purchase a 10 year bond today with the intention of selling it a year from today, you would like the yield to maturity to ____.

• A)equal the coupon rate
• B)not change
• C)increase
• D)decrease

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Definitions:

DSM-IV-TR

The Diagnostic and Statistical Manual of Mental Disorders, Fourth Edition, Text Revision; a guide published by the American Psychiatric Association for diagnosing mental disorders.

Diagnose

The process of identifying a disease or condition from its symptoms through systematic analysis and investigation.

Levels

Different stages or degrees of magnitude in a particular hierarchy or system.

Insane

A term historically used to describe severe mental disorder or irrational behavior, now considered outdated and stigmatizing.