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NEW QUESTION: 1
Drag and drop the Layer 3 WLAN controller mutual authentication join process events on the left into the order in which they occur on the right Not all options are used.
Answer:
Explanation:
NEW QUESTION: 2
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. I, II, III and IV.
B. I and IV.
C. II and III.
Answer: B
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: 3
Under the terms of 2/10 net 30, the buyer may:
A. None of the other alternatives apply
B. incurs a penalty on 10% for payments more than 30 days late
C. deduct 10% of the invoice amount for payment within 30 days
D. deduct 2% of the invoice for payment within 10 days
E. settle the invoice with 2 equal payments; one within 10 days and the other within 30 days
Answer: D
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