As bonds approach their maturity dates
A) premiums or discounts will increase.
B) the risk of a call will increase.
C) the bonds prices will become more sensitive to changes in interest rates.
D) prices will approach their par values.
Answer: D
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A major purpose of the auditor's report on financial statements is to
a. Assure investors of the complete accuracy of the financial statements b. Clarify for the public the nature of the auditor's responsibility and performance c. Deter creditors from extending loans in high-risk situations d. Describe the specific auditing procedures undertaken to gather evidence for the opinion
When a salesperson or associate broker requests that a release form be signed, the releasing broker shall sign the release:
A. Immediately. B. Within 10 days of the request. C. Withing 14 days of the request. D. Withing 30 days days of request.