You hear on TV a financial advisor making the following statement: "Given the current uncertainty in the interest rates – e. g. increase/decrease of Fed rates –, investing in long-term bonds is not good idea for investors concerned with the price volatility of their portfolio. They should better invest in short-maturity bonds if the goal is to minimizing price swings following changes in yields." The advisor has in mind sudden increases or decreases about the interest rates. a. Why is this statement is backed up, at least partially, by economic reasoning? Offer a justification for why long-term bonds might be more risky than shortterm bonds. [1 point] b. Why is the statement not completely right? Explain what the advisor might be missing. [2 points] g

(a) when insurance is obtained through a reciprocal insurer, the insureds are sharing the risk of loss with other subscribers of that reciprocal.

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typically a loft will include modern kitchen and bathrooms, this increases the price tag. lofts also have a good amount of open space, this requires more heating and electricity. lofts are also in older buildings, this means that maintaining the location increases the bill. keep in mind this is without talking about the high state and property taxes.

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answer; i believe the correct answer is (75 years);