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QUESTION 9 Recessions are events that are often characterized as: Systematic risk Unsystematic risk that can be diversified away Market risk that can be diversified

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QUESTION 9 Recessions are events that are often characterized as: Systematic risk Unsystematic risk that can be diversified away Market risk that can be diversified away None of the other answer choices are correct Unsystematic risk that cannot be eliminated by diversification QUESTION 10 Two years ago, you purchased a bond for $1,020.23. At the time of your purchase, the bond had five years left to maturity. The bond has a par value of $1,000 and a fixed coupon rate of 8%, with coupon payments made annually. If the yield to maturity on your bond is exactly the same today as it was two years ago, what is the current market price of your bond? Round your final answer to the nearest dollar. O $1,083 $1,025 $1,013 $1,014 $1,028

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