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NEW QUESTION: 1
Which of the following statements is (are) true with respect to the nature of bonds?
I). For premium bonds, its yield to maturity is always lower than its current yield.
II). For discount bonds, the duration equals the maturity of the bond.
III). Since longer term interest rates are more stable than shorter term interest rates, longer term bonds are less price sensitive than shorter term bonds.
IV). Not even U.S. government bonds are immune from interest rate risk.
A. II and III.
B. I, II, III and IV.
C. I and IV.
Answer: C
Explanation:
I is true: the reason a bond trades above par is because it is paying a coupon rate that is greater than what the market requires (which is represented through yield to maturity).
II is incorrect because the only instance where the bond duration equals its maturity is if the bond is a zero coupon bond, an extreme form of a discount bond.
NEW QUESTION: 2
Which system schema contains the column views of activated objects?
A. _SYS_BI
B. _SYS_XS
C. _SYS_REPO
D. _SYS_BIC
Answer: D
NEW QUESTION: 3
A. config-3.4.50-11
B. config-linux-3.4.50-11
C. vmlinuz-3.4.50-11
D. system-3.4.50-11
E. rc.config-3.4.50-11
Answer: A