Which One of the Following Is a Correct Statement Concerning

question 26

Multiple Choice

Which one of the following is a correct statement concerning duration?

• A)The higher the yield to maturity, the greater the duration
• B)The higher the coupon, the shorter the duration.
• C)The difference in duration can be large between two bonds with different coupons each maturing in more than 15 years.
• D)The duration is the same as term to maturity only in the case of zero-coupon bonds.
• E)B,C,and D

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Definitions:

Political Parties

Organized groups of people with similar political aims and opinions that seek to influence public policy by gaining elected positions.

Power Resource Theory

Holds that the distribution of power between major classes partly accounts for the successes and failures of different political parties.

Political Parties

Organized groups of people with similar political ideologies and objectives that seek to influence public policy and government by getting their candidates elected to office.

Class

A system of ordering society wherein people are divided into sets based on perceived social or economic status.