True or false

1. In the U.S. market, the convention to quote a bond is full price.

a) True

b) False

2.For a given % change in interest rates, the % change in price is larger the shorter the maturity is.

a) True

b) False

3. Bond price decreases are larger for a given rate increase than the corresponding price increase with the same rate decrease.

a) True

b) False

4.Volatility of bond price decreases as coupon increases

a) True

b) False