Just Because a Person Is Dependable Does Not Necessarily Mean

question 76

True/False

Just because a person is dependable does not necessarily mean they are trustworthy.

---

Definitions:

Interest Rate Price Risk

The risk of losses in the values of financial instruments due to fluctuations in interest rates.

Original Maturity

This refers to the duration from the issuance of a bond or other fixed-income security until its due date.

Default Risk

The risk that a borrower fails to make the required payments on their debt obligation.

Canada Call Feature

A special feature on certain bonds that allows the issuer to redeem the bond before maturity in the Canadian market.