For a specific change in the yield to maturity
A) the shorter the time until a bond matures, the greater will be the change in its price.
B) the longer the time until a bond matures, the greater will be the change in its price.
C) the longer the time until a bond matures, the greater will be the change in its par value.
D) the shorter the time until a bond matures, the greater will be the change in its coupon rate.
B
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In order for a price ceiling to have an effect on the market, must it be set above or below the equilibrium price? Why?
What will be an ideal response?
During the turmoil in the market for subprime mortgages in 2007 and 2008, the Fed increased the volume of discount loans. The goal of the Fed was to
A) reduce unemployment. B) stimulate economic growth. C) reduce the rate of inflation. D) reassure financial markets and promote financial stability. E) reduce the current account deficit.
The U.S. dollar is a composite currency
a. True b. False Indicate whether the statement is true or false
Which one of the following people would not be considered by the BLS a part of the labor force?
a. a steel worker who was laid off last week and is seeking work b. a steel worker who was laid off last year and is no longer seeking work c. a student who also works part-time d. a member of the U.S. Navy e. a retired college professor paid to teach a summer course