The Value of a Bond Measured at a Duration Date

question 11

True/False

The value of a bond measured at a duration date will vary with a change in the yield.

---

Definitions:

Cupula

A gelatinous, dome-shaped structure in the vestibular system of the inner ear that contains hair cells and is pivotal in detecting head movements and maintaining balance.

Cochlear Nerve

The nerve that transmits auditory information from the cochlea in the inner ear to the brain.

Nystagmus

Involuntary, rapid, and repetitive movement of the eyes, which can be horizontal, vertical, or rotary, and may indicate underlying neurological problems.

Rotational Movements

Movements around an axis, such as turning the head from side to side or rotating an arm at the shoulder.