The Duration of a Bond Normally Increases with an Increase

question 19

Multiple Choice

The duration of a bond normally increases with an increase in _________.
I.term-to-maturity
II.yield-to-maturity.
III.coupon rate

• A) I only
• B) I and II only
• C) II and III only
• D) I, II and III

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Definitions:

Ethnocentrism

The conviction that one's own ethnic group or culture is superior by nature, frequently paired with a dismissive or derogatory attitude towards different cultures.

Culture Shock

the feeling of disorientation or distress experienced by someone who is suddenly subjected to an unfamiliar culture, way of life, or set of attitudes.

Cultural Universal

Those patterns or traits that are globally common to all societies, such as marriage, religious rituals, and property rights.

Artistic Expression

The use of creative skills and imagination to produce works that express one's thoughts, feelings, or ideas, often in a visual or auditory form.