A Six-Year Maturity Bond Has a Five-Year Duration

question 48

Multiple Choice

A six-year maturity bond has a five-year duration. Over the next year maturity will decline by 1 year and duration will decline by

• A) less than one year.
• B) more than one year.
• C) 1 year.
• D) N years.
• E) N/(N-1) years.

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Definitions:

Person-organization Fit

The compatibility between an individual’s personality, skills, and values, and the culture, requirements, and values of an organization.

Emotional Expression

The process of conveying feelings and emotions through words, facial expressions, or actions.

Job Identification

The process or state by which an individual aligns their identity or personal sense of self with their professional role or job.

Emotional State

The current condition of a person's feelings or affective experience, which can influence behavior and decision-making.