Learning management systems are also known as knowledge work systems

Under the current GAAP additional depreciation due to market values in excess of book values no longer necessitates a reduction in the equity in subsidiary income (on the books of the parent) under the complete equity method

a. true b. false

A bond matures in 30 years, has a 20 year duration and a yield to maturity of 9.32%. The change in the level of the market interest rate is 0.47%. The modified duration is ________ and the percentage change in price is ________

A) 9.4 years; -.47% B) 14. years; 4.7% C) 18.29 years.; -8.6% D) 18.29 years.; 8.6%