There Is ________ for Any Bond Whose Time to Maturity

question 75

Multiple Choice

There is ________ for any bond whose time to maturity matches the holding period.

• A)no interest-rate risk
• B)a large interest-rate risk
• C)rate-of-return risk
• D)yield-to-maturity risk

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Definitions:

German Chancellor

The head of government in Germany, responsible for setting policy direction and leading the executive branch.

French President

is the head of state of France, elected by the public for a five-year term, and is responsible for determining the country's policies and direction, in conjunction with the government.

American Exceptionalism

The belief that the United States has a special mission to serve as a refuge from tyranny, a symbol of freedom, and a model for the rest of the world.

Hurricane Katrina

A devastating Category 5 hurricane that struck the Gulf Coast of the United States in August 2005, causing widespread destruction and loss of life.