Answer:
The truth about Macaulay Duration and Modified Duration is:
d. All are true.
Explanation:
Principally, the Macaulay Duration, used mainly with immunization strategies, measures the weighted average time an investor holds a bond until the period when the present value of the bond’s cash flows equals to the initial bond amount.
On the other hand, the Modified Duration, providing a risk measure by being sensitive to interest rates, identifies the amount by which the duration changes for each percentage change in the yield and, at the same time, measures how the amount of a change in the interest rates impacts a bond's price.
<h2>Copyright Protection
</h2>
- A copyright will protect the following categories of works:
literary works
- musical works, including any accompanying words
- dramatic works, including any accompanying music
- pantomimes and choreographic works
- pictorial, graphic and sculptural works
- motion pictures and other audiovisual works
- computer programs (sometimes the graphical user interface) and websites
<h2>Patents
</h2>
Patents protect processes, methods and inventions that are "novel," "non-obvious" and "useful." If granted, a patent gives you a 20-year monopoly on selling, using, making or importing an invention into the United States.
(These are 2 characteristics of property rights)
Answer:
equity = 45,800
Explanation:
working capital: current assets - current liaiblities = 41,300
net book value of long term assets: 97,400
long term debt 102,800
we will work with the accounting formula to solve for equity:
assets = liaibltiies + equity
we divide assets and liabilities in current and non-current:
current assets + long term assets = current liabilities + long-term debt + equity
we rearrenge the formula in order to sovle for equity:
(currnet asets - current liabilities) + long term assets - long-term debt = equity
41,300 + 97,400 - 92,900 = equity
equity = 45,800
Mass production - to produce custom products in large quantities
