Each of the Following Industries Was Deregulated During the Last

question 120

Multiple Choice

Each of the following industries was deregulated during the last 30 years except

• A)the airlines.
• B)trucking.
• C)banking.
• D)radio and TV.

---

Definitions:

Duration

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

Perpetuity

A financial term for a constant stream of identical cash flows with no end.

Yield

The earnings from an investment, like dividends or interest, shown as a percentage of the investment's original cost or its current market valuation.

Perpetuity

A type of financial instrument that provides an infinite stream of interest payments.