Which of the Following Statements Is True About Senate Elections

question 26

Multiple Choice

Which of the following statements is true about Senate elections?

• A)Senate races are generally less competitive than House races.
• B)Voters tend to perceive Senate races as national election contests.
• C)Incumbent senators generally face weaker challengers than House incumbents.
• D)Voters do not care about Senate races.
• E)Senate races cost candidates very little money.

---

Definitions:

Immunization

A strategy in fixed income investing that aims to make a portfolio's duration and interest rate risk match its liability obligations.

Duration Matching

An investment strategy where the durations of assets and liabilities are aligned to reduce the risk of changes in interest rates affecting the net worth.

Duration

A measure of the sensitivity of the price of a bond or other debt instrument to changes in interest rates, frequently used to assess interest rate risk.

Weighted-Average Time

A calculation that determines the mean time until cash flows are received, adjusted for the relative size of each cash flow, often used in bonds.