(I) To sell an old bond when interest rates have risen, the holder will have to discount the bond until the yield to the buyer is the same as the market rate
(II) The risk that the value of a bond will fall when market interest rates rise is called interest-rate risk.
A) (I) is true, (II) false.
B) (I) is false, (II) true.
C) Both are true.
D) Both are false.
C
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Using your résumé to tell employers you are detail oriented, a team player, and a hard worker
A) is an effective strategy, since all employers appreciate these characteristics. B) is generally not helpful unless you also include concrete proof and evidence to support your claims. C) is often effective as long as you repeat the claims in your application letter. D) often results in a higher starting salary. E) should be avoided as it is considered to be bragging.
At Acme Organization, meetings start on time and everyone is expected to arrive early. This unspoken rule about meetings represents a (n) ______ of the organization.
A. societal sanction B. norm C. script D. work group interaction
Stock X and the "market" have had the following rates of returns over the past four years. Year Stock X Market 1 12.00% 13.80% 2 5.00% 1.65% 3 11.00% 13.70% 4 -7.00% -2.72% 62% of your portfolio is invested in Stock X and the remaining 38% is invested in Stock Y. The risk-free rate is 5.24% and the market risk premium is also 5.24%. You estimate that 14.11% is the required rate of return on your portfolio. What is the beta of Stock Y?
A. 2.76 B. 2.91 C. 2.88 D. 2.41 E. 2.82
A(n) ________ is a typically mathematically based model that describes things as they are or as they are believed to be
Fill in the blanks with correct word