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NEW QUESTION: 1
A 'consol' is a perpetual bond issued by the UK government. Its running yield is 5%. What is its duration?
A. 5 years
B. Infinity
C. 20 years
D. 25 years
Answer: C
Explanation:
Explanation
The duration of a perpetuity is 1/running yield. Therefore the correct answer is 1/.05 = 20 years
NEW QUESTION: 2
products. is concerned with the production of high-volume standard
A. Continuous manufacturing
B. Repetitive manufacturing
C. None of the above
D. Flow manufacturing
Answer: D
NEW QUESTION: 3
When you go to View HTML code section at selected Form record you can only see the iframe tag
A. False
B. True
Answer: B
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