If Two Bonds Have the Same Maturity and the Same

question 125

True/False

If two bonds have the same maturity and the same expected rate of return,but one has a higher coupon,the price of the low coupon bond will be more affected by a given change in interest rates.

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Definitions:

Theory Y

McGregor’s humanistic view of management whereby it is assumed that workers like to work and that under proper conditions employees will seek out responsibility in an attempt to satisfy their social, esteem, and self-actualization needs.