The mathematical link between a bond's price and interest rate changes is the
A) Macaulay duration.
B) modified duration.
C) yield to market.
D) yield-to-call.
Answer: B
Business
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Indicate whether the statement is true or false
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Benefits of e-auctions to buyers include
A) liquidating large quantities quickly. B) higher repeat purchases. C) optimal price setting determined by the market. D) opportunities to find unique items.
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