Interest rate risk results from the fact that

A)

bond prices are negatively related to interest rates.
B)

bond prices are positively related to interest rates.
C)

corporations may default.
D)

tax rates on interest income can change.


A

Business

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What will be an ideal response?

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Fantastic Futons manufactures futons. The estimated number of futon sales for the first three months of 2010 are as follows: January 40,000 February 50,000 March 60,000 Finished goods inventory at the end of 2009 was 12,000 units. On average, 25 percent of the futons are produced during the month before they are sold, which normally accounts for the ending balance in finished goods inventory. The

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Business

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Indicate whether the statement is true or false

Business