FIN 351 CHAPTER 12 QUIZ 16 TO 20
- allied-american-university / FIN 351
- 05 Sep 2015
- Price: $1
- Other / Other
FIN 351 CHAPTER 12 QUIZ 16 TO 20 16. An ascending term structure reflects the view that rates will increase in the future. 17. A descending term structure reflects the view that rates will increase in the future. 18. Short-term rates are more volatile than long-run rates. 19. A drop in interest rates causes proportionally greater gains than increases in rates will cause losses. 20. The price of a lower coupon rate bond is more sensitive to interest rate changes than higher coupon rate bonds.