Answer:
A recent college graduate's investment portfolio will differ from someone who is nearing retirement due to the length of time someone who is at the end of their career has had to invest whereas someone who is a recent college graduate hasn't had the time/money to invest
Explanation:
Answer:
Network externality is the correct answer.
Explanation:
A reasonable man would attach decision making important to the omitted information.
Answer:
a. True
Explanation:
Answer this question using YTM, coupon rate, price and par value relationship/rules.
If YTM > coupon rate, then Price < Par value
If YTM < coupon rate, then Price > Par value
If YTM = coupon rate, then Price = Par value
In this case, the assumption is that YTM > coupon rate, hence based on the above rules, the Price or market value of the bond will be < Par value. This makes the statement true.