A bond that had a 20-year original maturity with 1 year left to maturity has more price risk than a 10-year original maturity bond with 1 year left to maturity. (Assume that the bonds have equal default risk and equal coupon rates, and they cannot be called.)
Answer the following statement true (T) or false (F)
False
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Explain the Principle of Veracity.
What will be an ideal response?
Considering managers’ roles with new employees, a manager who spends time in training, introductions, and follow-up will likely have a team of employees who:
a. frequently complain about the boss b. frequently complain about colleagues c. respect the manager and stay employed longer d. slack off of job responsibilities
Strategy evaluation should have a long-run focus and avoid a short-run focus.
a. true b. false
The percentage-of-completion method must be used when certain conditions exist. Which of the following is not one of those necessary conditions?
a. Estimates of progress toward completion, revenues, and costs are reasonably dependable. b. The contractor can be expected to perform the contractual obligation. c. The buyer can be expected to satisfy some of the obligations under the contract. d. The contract clearly specifies the enforceable rights of the parties, the consideration to be exchanged, and the manner and terms of settlement.