$4.(10\%)$ State if you agree or disagree with the following paragraph and explain why:

$$Most investors care about future interest rates, but none more than bondholders. If you are considering a bond or bond fund investment, you must ask yourself whether you think treasury yield and interest rates will rise in the future. If the answer is yes, you probably want to avoid short$-$term maturity bonds or at least increase lengthen the average duration of your bond holdings, or plan to weather the ensuing price decline by holding your bonds and collecting the par value when they mature.$$