A Long-Term Bond's Price Is Less Affected by Interest Rate

question 5

True/False

A long-term bond's price is less affected by interest rate movements than a short-term bond's price.

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Definitions:

Reluctant

Feeling or showing hesitation, unwillingness, or disinclination.

Withholding

The action of keeping back, suppressing, or refraining from disclosing information.

Invulnerable

The state of being incapable of being wounded, hurt, or damaged, physically or emotionally.

Vulnerable

The state of being open to harm, attack, or emotional hurt, often due to a lack of protection or resilience.