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NEW QUESTION: 1
Which of the following statements most accurately depicts bonds price volatility?
A. Short maturity bonds are more volatile than long maturity bonds.
B. During periods of increasing interest rates, high coupon bonds exhibit lower price volatility than low coupon bonds.
C. Bonds with low duration are much more volatile than bonds with high duration.
Answer: B
Explanation:
When interest rates rise, all bond prices will fall. However, some bonds will fall in price at a lower rate. For instance, if a bond is paying higher coupons, these coupons may be reinvested at the new prevailing higher interest rates. This is a plus. Therefore, this beneficial feature helps to reduce the rate at which the bond price is falling.

NEW QUESTION: 2
A plain vanilla interest rate swap is:
A. an agreement to borrow and lend one currency for another at two different value dates
B. a fixed rate leg in one currency and a fixed rate leg in another currency
C. two floating rate legs on different indexes
D. an agreement to exchange one stream of interest payments for another (fixed against floating)
Answer: D

NEW QUESTION: 3
On which system(s) is the NetBackup 7.7 LiveUpdate agent installed by default?
A. Master Server, Media Server, and client
B. Master Server and Media Server only
C. Master Server only
D. Media Server and client only
Answer: A

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