The Market Value of Long-Term Bonds Is ____ Sensitive to Interest

question 47

Multiple Choice

The market value of long-term bonds is ____ sensitive to interest rate movements; as interest rates fall, the market value of long-term bonds ____.

• A)slightly; rises
• B)very; rises
• C)very; declines
• D)slightly; declines

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Definitions:

Robert Baden-Powell

The British Army officer who founded the Boy Scouts movement in 1908 to support youth physical, mental, and spiritual development.

Moralists

Individuals or thinkers who focus on questions of morality and ethics, often promoting specific values and principles as foundational to good human conduct.

Physical Pleasure

Gratification stemming from tactile sensations or bodily activities, often associated with taste, touch, and other senses.

Rudyard Kipling

An English writer and poet known for his works of fiction and poetry set in the British Empire, including "The Jungle Book" and "If—".