<u>Answer:
</u>
Duration would not be an appropriate measure for corporate common stock.
Option: (C)
<u>Explanation:
</u>
- By considering duration as a measure, only the anticipated price movement of fixed income security for a given change in given market interest rate levels could be determined.
- On the other hand, duration would be an appropriate measure for bonds and preferred stocks as they are fixed income securities Whereas, common stock is not a fixed income security so the condition of duration would not be applicable.
Answer:
Law courts
Explanation:
Subsequent to the Norman Conquest of England in 1066, William the Conqueror and his successors commenced the replacement of several local laws with a universal system of law. This was achieved by the appointment of people who were loyal to him as judges within all the local areas. The judges were given the power to administer the law using a universal system in what was called a Law Court.
Answer:
Preoperational
Explanation:
The preoperational stage of learning is the first stage where a person learns a language. In this stage a person cannot form sentences as they do not understand concrete logic. This makes it not possible to manipulate information which is required to make sentences and speak. It is also not possible to another person's perspective.
Hence, Thad was passing through the Preoperational stage of cognitive learning.
Answer:
Rome's second war against Carthage reduced the number of people in the Italian countryside. Men had gone off to war. People had died and people had moved to the cities to escape war. ... Cities in Italy became overcrowded, and Rome became the most populous city in Europe and West Asia.
Explanation:
