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:

Hepatitis

Inflammation of the liver usually caused by viruses or toxins.

Influenza

A contagious respiratory illness caused by influenza viruses, characterized by symptoms like fever, cough, and body aches.

Staphylococci

A genus of gram-positive bacteria, known for forming clusters like grapes, some species of which can cause a range of infections.

Pneumonia

An infection that inflames the air sacs in one or both lungs, which can fill with fluid or pus.