Examlex

Solved

The Objective of Sarbanes-Oxley Was to Create a Stronger Firewall

question 28

True/False

The objective of Sarbanes-Oxley was to create a stronger firewall between investment banking activities and the role of financial analysts.


Definitions:

Duration

A measure of the sensitivity of the price of a bond or other debt instrument to changes in interest rates, usually expressed in years.

Bond Duration

A measure of the sensitivity of a bond's price to changes in interest rates, expressed in years.

Time To Maturity

The remaining duration until the expiration date of a financial instrument, when its principal is due to be paid to holders.

Coupon Rate

The annual interest rate paid on a bond, expressed as a percentage of the bond's face value, and paid to bondholders at specified intervals until maturity.

Related Questions