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  3. problem 20 kurtosis is a measure of a. how fat t

Problem 20 Kurtosis is a measure of A. how fat the tails of...

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Finance

Problem 20

Kurtosis is a measure of

A. how fat the tails of a distribution are.

B. the downside risk of a distribution.

C. the normality of a distribution.

D. the dividend yield of the distribution.

E. how fat the tails of a distribution are and the normality of a distribution.

Problem 21

Holding other factors constant, the interest-rate risk of a coupon bond is lower when the bond's

A. term to maturity is lower.

B. coupon rate is higher.

C. yield to maturity is higher.

D. term to maturity is lower and coupon rate is higher.

E. All of the options

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