The Outstanding Bonds of Alpha Extracts Have a Yield to Maturity

question 30

Multiple Choice

The outstanding bonds of Alpha Extracts have a yield to maturity of 8.4 percent and a modified duration of 10.8.If the yield to maturity instantly decreased to 7.5 percent,the bond's price would increase/decrease by _____ percent.

• A)-10.08
• B)-9.67
• C)8.45
• D)9.72
• E)10.08

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Definitions:

Work Environment

The setting, conditions, and culture that employees experience within their workplace, affecting their performance and well-being.

Compliance

The act of conforming to a request or command, often used in legal and regulatory contexts to denote adherence to rules or standards.

Internalization

The process of integrating beliefs, values, standards, or norms into one's own cognitive structure, often influencing behavior.

Identification

Refers to the process by which individuals associate themselves with particular groups, causing those groups' values and norms to become integrated into their own self-concept.