Use the Following Information to Answer the Question(s)below

question 100

Multiple Choice

Use the following information to answer the question(s) below.Consider the following four corporate bonds that have semiannual compounding:
-If the YTM of these bonds increased to 9%,which bond's price would be most sensitive to this change in YTM?

• A)#1
• B)#2
• C)#3
• D)#4

---

Definitions:

Fixed-interval

A method of reinforcement where rewards are dispensed for the initial response after a set time period has elapsed.

Variable-interval

A schedule of reinforcement where a response is rewarded after an unpredictable amount of time has passed, in behaviorism.

Positive Reinforcement

A process by which the likelihood of a behavior's occurrence is increased through the addition of a desirable stimulus immediately following the behavior.

Productivity Goal

An objective set to achieve a specific level of output or efficiency in work or other activities, aiming to optimize performance.