Which of the following statements is TRUE?
A) Prices of bonds with lower durations are more sensitive to interest rate changes.
B) If a bond's yield to maturity exceeds its coupon rate, the bond trades at a premium.
C) Bonds with higher coupon rates are more sensitive to interest rate changes.
D) If a bond's yield to maturity is less than its coupon rate, the bond trades at a premium.
D
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A business could elect to pursue a large-segment strategy when ________
A) it wants to provide customized products B) a market is segmented and marketing resources are limited C) demographics are not distinctive D) differences in customer needs are small E) it wants to carve out a niche within a segment using a highly refined marketing effort directed at an overlooked group of customers
The Whistleblower Statute is also known as the ________
A) Sarbanes-Oxley Act B) Business Norms Act C) False Claims Act D) Glass-Steagall Act