Which of the following is closest to the duration of a 2-year bond that pays a coupon of 8% per annum semiannually? The yield on the bond is 10% per annum with continuous compounding
A. 1.82
B. 1.85
C. 1.88
D. 1.92
C
The duration of the bond is the weighted average of the times when cash flows are received with weights proportional to the present values of the cash flows. This is
Business
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The cash received from customers is reported as part of ending cash balance in the balance sheet and as part of operating cash flows in the statement of cash flows
a. true b. false
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The Commission requires all contracts offering seller financing to also be filed with the Commission.
a. true b. false
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