1. Bonds are more intrest rate sensitive:
I. the higher the coupon rate.
II. the lower the coupon rate.
III. the longer the time to maturity.
IV. the shorter the time to maturity.
A. I. and III only
B. III only
C. I and IV only
D. II and III only
E. II and IV only
2. The maximum value which the market is expected to reach is called the:
A. support level
B. whole value
C. reactive point
D. resistance level
E. target value