Select the true statement about interest rate risk. It stems from the fact that bond prices and market interest rates are inversely correlated. It is the risk that a bond's coupon payment will fall if market interest rates fall. Interest rate risk is particularly problematic for investors who do not wish to sell their bonds. Shorter-term bonds are more sensitive to interest rate risk than longer-term bonds.

Select the correct answer. ramon applied to the state university in the city where he lives, but he was denied admission. what should he do now? a.change his mind about graduating and drop out of high school so he can start working right away. b. decide not to go to college, because he didn’t have a backup plan. c.stay positive and write a mean letter to let the college know that they made a bad decision. d. learn from this opportunity, reevaluate his options, and apply to his second and third choices.