The value of an interest rate call option
A) varies directly with the price of the underlying corporate bond.
B) increases when the yield on the underlying Treasury security rises.
C) is based on the market price of U. S. Treasury securities.
D) decreases when the price of U.S. Treasuries decreases.
Answer: B
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________ is the power of the courts to hear a case and render a decision that is binding on the parties
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