5) Holding period returns occur when the price of a bond (2.5pts) is greater than capital gains which exceed the coupon payment. is greater than the coupon payment which exceeds capital gains. changes between the time of the purchase and the time of the sale. 0 0 does not change between the time of the purchase and the time of the sale. 15) As the inflation rate (2.5pts) increases, inflation becomes less stable. decreases, inflation becomes less stable. decreases, inflation becomes more volatile. increases, inflation becomes more stable. 18) Which one of the following is evidence of the link between persistent increases in public debt and (2.5pts) slower long-run growth? fiscal dominance a declining equilibrium real interest rate increased concern about debt sustainability a budget surplus that is less than the risk premium times the level of debt 22) As of May, 2019, the euro had become the currency for (2.5pts) 7 countries. 0 12 countries. O 19 countries. 27 countries