Answer:
Correct Answer:
c. ineffective.
Explanation:
In stock market, there are so many firms upon whose stocks are being traded on by various investors. Most of these stocks could be legit while others could be fraud through price fixing or mispricing. <em>Evidence carried out has shown that, it is highly ineffective studying public information in-order to identify mispriced stocks.</em>
Answer:
Specific country(Nigeria)
(1) High level of corruption in the Educational sector
(2) Inadequate funding
(3) Inconsistent public policy.
Why should solid elementary System take precedence over expansion of University.
(A) To reduce the level of illiteracy and out of school children.
(B) To build a good foundation for the younger Population.
Explanation:
Developing countries are countries that have not yet achieved their full potential,they are improving but still lack in several areas like Education, Infrastructures, funding, Unemployment etc
Nigeria is judged by the World bank, Transparency international as one of the most corrupt countries of the world this is affecting the utilisation of funds for education making it difficult to execute effective development projects in the Educational sector,in Nigeria successive Governments change education policies making it extremely difficult to achieve
greater positive development impact from their higher education programs.
Instead of expansion of the University System it is better to invest in the elementary school level to ensure that the level of illiteracy and out of school children is reduced or eliminated and to build a better future for the younger kids and Population.
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.
