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NEW QUESTION: 1
Which of the following statements about duration characteristics are true?
I). The duration of a coupon bond will always be less than its term to maturity.
II). There is generally an inverse relationship between term to maturity and duration.
III). There is a positive relationship between coupon and duration.
IV). There is an inverse relationship between yield to maturity and duration.
A. I and IV only
B. III and IV only
C. I and II only
Answer: A
NEW QUESTION: 2
A. Option C
B. Option D
C. Option A
D. Option B
Answer: A
NEW QUESTION: 3
The borrowings of which of the following are most likely to be driven by regulatory capital requirements?
A. Supra nationals
B. Governments
C. Banks
D. Corporates
Answer: C
NEW QUESTION: 4
According to the International Professional Practices Framework,which of the following is the appropriate division of responsibilities for the coordination of internal and external audit efforts?
I.Oversight of Work Coordination of Activities Chief audit executive Senior management
II.Board Chief audit executive
III.Chief financial officer Chief audit executive
IV.Board Chief financial officer
A. II.
B. I
C. III.
D. IV.
Answer: A