The duration of a bond will increase as the time to maturity ________ and/or as the YTM on the bond ________
A) increases; increases
B) increases; decreases
C) decreases; increases
D) decreases; decreases
Answer: B
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Which of the following is included in shareholders' equity?
A) ?Sinking funds B) ?Deferred revenues C) ?Accumulated other comprehensive income D) ?Goodwill
The activities required to produce a company's products and services and the way these activities are linked together is called the _______________.
Fill in the blank(s) with the appropriate word(s).
Which of the following is the best opening sentence for a direct response message?
A) Here are the answers to the questions you asked about our banquet facilities. B) Thank you for your e-mail message of March 25. C) We look forward to helping you with all of your banquet needs. D) Your e-mail of March 25 was forwarded to me.
Which of the following is true regarding the competitive environment?
A. Monopoly situations are more common than are situations characterized by monopolistic competition. B. Competitor analysis should begin with an identification of competitors from the viewpoint of the manager rather than the consumer. C. "Competitive rivals" are a firm's closest competitors. D. It is easy to find environments that are "competitor-free."