For a Specific Change in the Yield to Maturity

question 66

Multiple Choice

For a specific change in the yield to maturity

• A)the shorter the time until a bond matures, the greater will be the change in its price.
• B)the longer the time until a bond matures, the greater will be the change in its price.
• C)the longer the time until a bond matures, the greater will be the change in its par value.
• D)the shorter the time until a bond matures, the greater will be the change in its coupon rate.

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Definitions:

Hegel

Georg Wilhelm Friedrich Hegel, a German philosopher famous for his contributions to dialectical thinking and his influence on the development of Continental philosophy.

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A concept of a deity that exists beyond and independent from the material universe, often associated with major theistic religions.

Free-Will Solution

A theological and philosophical approach that addresses the problem of evil by attributing its existence to the free choices of individuals rather than to the design of the Creator.