What risk is Securities Counselors indicating in the last sentence of the excerpt that it is seeking to avoid by not buying corporate bonds?
What will be an ideal response?
A hostile takeover can involve retiring holdings making the duration very short. The risk is the unexpected nature of the takeover that would cause a portfolio manager to rearrange their portfolio and perhaps have to invest in securities that do not pay as high a rate of return.
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The legal doctrine that allows the court to treat a certain situation as if a contract exists, even where one of the elements is missing, is known as:
a. quasi contract. b. promissory estoppel. c. parol evidence rule. d. statute of frauds. e. assignment.
A ________ is used to measure the current value of some entity. Examples include the number of logical connections assigned to a user application and the number of outgoing messages queued for a user process.
A. gauge ? ? B. interval timer C. resource utilization ?? D. counter