The price of a discount bond will be higher if: O The time to maturity is shorter. O The market interest rate is higher. O The coupon payments are lower. O The coupon payments are higher. Interest-rate risk can best be characterized as the risk that you could have earned a higher interest rate if you waited to purchase a bond. o you could have gotten a lower interest rate if you waited to lock in a mortgage. O the price of a financial asset will fluctuate in response to changes in market interest rates. O short-term interest rates may exceed long-term interest rates. If fluctuations in the stock market prices become more stable, then, other things equal, the demand for long- term bonds should and the yield on long-term bonds should increase increase increase; decrease decrease, decrease decrease; increase Which of the following options would you choose to have if the rate of discount is 18 percent? O $500 in one year $750 in two years $1000 in four years O $1500 in ten years