A Bond with Duration of 5

question 38

Multiple Choice

A bond with duration of 5.7 years has a yield to maturity of 9.0%.The bond's volatility is:

• A)1.9%
• B)5.2%
• C)5.7%
• D)9.0%

Understand the concepts of manufacturing margin, contribution margin, and operating income.

Differentiate between absorption costing and variable costing.

Calculate variable and absorption costing operating income and understand their differences.

Apply costing concepts to specific company scenarios.