The Duration of a Bond Normally Increases with an Increase

question 15

Multiple Choice

The duration of a bond normally increases with an increase in:
I. Term to maturity
II. Yield to maturity
III. Coupon rate

• A) I only
• B) I and II only
• C) II and III only
• D) I, II, and III

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Definitions:

Smart Sales

Sales strategies that leverage technology and data analytics to optimize the selling process and improve customer interactions.

Sales Call Objective

The goal or intended outcome of a sales call, which could range from introducing a product to closing a deal.

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Established principles or rules governing the process of acquiring goods or services in an organization.

Customer Profile

A detailed description of a business's typical or ideal customers, including demographic, psychographic, and behavior information.