A. return on turnover
B. return on stock
C. return on assets
D. return on equity
A. $1,100
B. $3,400
C. $2,200
D. $3,500
A. Intermediate term
B. Capital term
C. Short-term
D. Long-term
In which of the following type of annuity, cash flows occur at the beginning of each period?
A. Ordinary annuity
B. Annuity due
C. Perpetuity
D. None of the given options
Annuity due is paid at the end of the year that’s why its called annuity due.
Between the two identical bonds having different maturity periods, the price of the ______ bond will change less than that of ______ bond.
A. long-term; short-term
B. short-term; long-term
C. lower-coupon; higher-coupon
D. None of the given options
The longer the time to maturity, all else being equal, increases duration. Higher duration = higher sensitivity to interest rate changes.
Interest rates higher = price lower.
An Asset is __________?
A. Sources of funds
B. Use of funds
C. Inflow of funds
D. None of these