It was about economics not a society
Um do u have answer choices to this cause I understand I just don't know what your looking for
<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.
