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【简答题】
What does this part of the text mainly talk about?
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举一反三
【单选题】Which of the following two bonds is more price sensitive to changes in interest rates?
A.
A par value bond, A, with a 12-year-to-maturity and a 12% coupon rate.
B.
A zero-coupon bond, B, with a 12-year-to-maturity and a 12% yield-to-maturity.
C.
Bond A because of the higher yield to maturity.
D.
Bond A because of the longer time to maturity.
E.
Bond B because of the longer duration.
F.
Both have the same sensitivity because both have the same yield to maturity.
G.
None of these is correct.
H.
ration is the best measure of bond price sensitivity; the longer the duration the higher the price sensitivity.
【简答题】简述气液(产物也为气相)反应过程的步骤。
【单选题】Buyers are less price sensitive for all of the following reasons except ________.
A.
when the product they are buying is in high demand
B.
when the total expenditure for a product is high relative to their income
C.
when the product they are buying is unique
D.
when the product is a specialty product
E.
when substitute products are hard to find
【简答题】"Be sensitive to price"means ________ in Chinese.
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