Par-Value-Bond F Has a Modified Duration of 9

question 34

Multiple Choice

Par-value-bond F has a modified duration of 9. Which one of the following statements regarding the bond is true?

• A) If the market yield increases by 1%, the bond's price will decrease by $90.
• B) If the market yield increases by 1%, the bond's price will increase by $90.
• C) If the market yield increases by 1%, the bond's price will decrease by $60.
• D) If the market yield decreases by 1%, the bond's price will increase by $60.

Understand the reasons behind the drafting of a new Constitution.

Identify the impact of Shays' Rebellion on the political landscape of America.

Analyze the conflicts between states over western territories.

Comprehend the reasons behind the constitutional framers' decision to limit popular democracy.

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Definitions:

Incremental Theorists

Individuals who believe that abilities and intelligence can grow and improve over time with effort and practice.

Status Quo Bias

The preference to maintain current circumstances or resist changes.

Changing

Refers to the process of making something different from what it was before.

Immediate Outcomes

The direct results or effects that occur as a consequence of an action or event.