Interest rate risk results from the fact that
A)
bond prices are negatively related to interest rates.
B)
bond prices are positively related to interest rates.
C)
corporations may default.
D)
tax rates on interest income can change.
A
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Indicate whether the statement is true or false.
The Omega Company is thinking of buying computers for all its work stations. It wants to test them for 30 days before agreeing to buy. The supplier, Dall Computers, agrees to this arrangement
Omega still has the computers after 40 days and has not said what is going to do. Who now owns the computers? Why? A) Omega. There was a contract between Omega and Dall, and ownership transferred to the purchaser as soon as the contract was made. B) Dall. Ownership does not transfer to the purchaser until the price has been determined. C) Dall. Ownership doesn't transfer to the purchaser in a sale on approval until he signifies his approval. D) Omega. Ownership transferred because it kept the goods after the time fixed for returning them. E) Since the contract was silent on when ownership transferred, the contract is void.