Answer:
Between 7.8 and 12 Years
Explanation:
The modified duration of a portfolio is defined as a weighted average in the modified duration of an individual bonds. Therefore it will lie between the extreme values of the modified duration of the bonds in portfolio so that the weights are all positive.
In the context, the modified duration lies between 7.8 years and 12 years as the modified duration would always lie between the lowest modified duration and the highest modified duration of any bonds in a portfolio. Therefore the weights are value that will lie between these two years.
Answer:
700
Explanation:
Calculation for the annual dividend on the preferred stock
Annual dividend on the preferred stock=1000 shares of 7%, $10 par value
Annual dividend on the preferred stock=(1000*$10*.07)
Annual dividend on the preferred stock=$700
Therefore the annual dividend on the preferred stock will be $700
Answer:
can we see the choices so we can answer.
Explanation:
Answer:
Don't know bro soooooooooory
Explanation:
Llll
Answer:
Option E. Control Activities
Explanation:
Control activities is a part of Control environment and in the given scenario, the company has a system of policies and procedures implemented to ensure whether the approved activities are carried out or not. This includes the segregation of duties, as the Compensation Committee is assigned the task to reviewing whether the payments that were made to the senior executives, both cash and equity based payments, are consistent with their contracts or not. Furthermore if it is not complied by the contract then relevant actions are carried out. So these are best represented by control activities.