A 20-year original maturity bond with 1 year left to maturity has more interest rate 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.)
a. True
b. False
Indicate whether the statement is true or false
False
You might also like to view...
A marketer is interested in segmenting a business market on ________ if the marketer's variables are loyalty and attitudes toward risk
A) situational factors B) purchasing approaches C) personal characteristics D) operating variables E) demographic variables
One purpose of a database system is the easy sharing of data. But this ease of sharing can also jeopardize security. Discuss at least three forms of access control designed to reduce this risk
Prices are generally more ________ in the early stages of the product life cycle.
Fill in the blank(s) with the appropriate word(s).
Home Entertainment, Inc, warrants its goods to be free of defects. Ira is¬sues a note to obtain goods from Home Entertainmentthat proves defective. If Home Entertainmentpresents the note for payment
a. Ira's best defense would be breach of warranty. b. Ira must pay the note. c. Ira's best defense would be fraud in the inducement. d. Ira's best defense would be failure of consideration.