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:

Great Depression

A severe worldwide economic downturn that took place during the 1930s, marked by widespread unemployment, severe deflation, and financial panic.

Minority Workers

Refers to employees belonging to racial, ethnic, or other groups that are underrepresented or have historically faced discrimination in the workplace.

Discrimination

Unfair or prejudicial treatment of individuals or groups based on characteristics such as race, gender, age, or sexual orientation.

Unions

Organizations formed by workers to collectively negotiate with employers over wages, benefits, working conditions, and protect members' rights and interests.