With exception of zero coupon bonds, a bond's duration is always shorter than its time to maturity

Indicate whether the statement is true or false.

Answer: TRUE

Business

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A shareholder's fundamental right to inspect books and records of a corporation will be properly denied if the purpose of the inspection is to

A. Commence a shareholder's derivative suit. B. Obtain shareholder names for a retail mailing list. C. Solicit shareholders to vote for a change in the board of directors. D. Investigate possible management misconduct.

Business

Unsystematic risk:

A) is the remaining risk in a well-diversified portfolio. B) is measured with beta. C) can be diversified away. D) all of the above

Business