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NEW QUESTION: 1
A bond has a Macaulay duration of 6 years. The yield to maturity for this bond is currently 5%. If interest rates rise across the curve by 10 basis points, what is the impact on the price of the bond?
A. Increase of 10 basis points
B. Decrease of 10 basis points
C. Decrease of 57 basis points
D. Increase of 57 basis points
Answer: C
Explanation:
Explanation
Since Macaulay duration is 6 years, the modified duration is 6/(1+5%) = 5.71. This means that if interest rates were to rise by 1%, the bond price would decrease by 5.71%. Since interest rates have risen by 10 bps, (100bps = 1%), the bond's price would fall by roughly 0.571%, or 57 basis points

NEW QUESTION: 2
固有のアクセスニーズに基づいて個人へのアクセスを許可および制限するための最良の物理的セキュリティソリューションは次のうちどれですか。
A. Electronic badge system
B. Bolting door locks
C. Cipher locks
D. Closed-circuit television (CCTV)
Answer: A

NEW QUESTION: 3
Which statement describes the usage of the Conditional Expression Manager?
A. To set and control access to fields, tabs, and applications
B. To set user database permissions
C. To set and control the generation of ad hoc reports
D. To set organizational communication templates
Answer: A
Explanation:
Explanation/Reference:
Explanation:

NEW QUESTION: 4



A. Option C
B. Option A
C. Option D
D. Option B
Answer: B