If the Ytm of a Bond Falls, Which of the Following

question 10

Multiple Choice

If the ytm of a bond falls, which of the following is most valid?

• A) The bond price rises.
• B) The bond price falls.
• C) The bond price may rise or fall, depending on the maturity of the bond.
• D) Not enough information to answer the question.

Understand the concept of insurable interest and its significance in insurance contracts.

Identify the coverage scope of business interruption insurance.

Recognize the decision-making power of the insured and insurer regarding repairs or replacements of damaged goods.

Comprehend the benefits of bundling types of liabilities in insurance for economic efficiency.

---

Definitions:

Fair And Reasonable Explanation

A justification or reasoning that is impartial, just, and in accordance with logic or common sense.

Indirect Claim Message

A communication method used in business or professional settings to address a complaint or claim in a non-confrontational manner, often beginning with neutral or positive statements.

Invoice

A document issued by a seller to a buyer, detailing a transaction and requesting payment for products or services provided.

Negative News

Information or updates that convey adverse or undesirable messages, such as failures, losses, or unpleasant events.