Which of the following statements is correct?
a. all else equal, high-coupon bonds have less reinvestment risk than low-coupon bonds.
b. all else equal, long-term bonds have less price risk than short-term bonds.
c. all else equal, low-coupon bonds have less price risk than high-coupon bonds.
d. all else equal, short-term bonds have less reinvestment risk than long-term bonds.
e. all else equal, long-term bonds have less reinvestment risk than short-term bonds.

Your take on decision making process

10. which of the following is true regarding preretirement inflation? a. defined-benefit plans provide more inflation protection than defined-contribution plans. b. because of preretirement inflation, possible investment-related growth is increased for defined-contribution plans. c. all types of benefits are designed to cope with preretirement inflation. d. preretirement inflation is generally reflected in the increase in an employee's compensation level over a working career.

Who is not spending wisely? erika goes shopping and saves her receipts. she totals how much she spent and writes it down. mia needs to buy a new pair of shoes because she joined the soccer team. she looks at newspaper ads to find the best price. lauren has been thinking about getting a puppy for a long time. she walks by the pet store at the mall and decides to get a puppy. erin makes a purchase online using a credit card. she knows that she can pay the entire bill when it arrives.