Which of the Following Equations Is INCORRECT

question 59

Multiple Choice

Which of the following equations is INCORRECT?

• A) Expected future spot interest rate = forward interest rate + risk premium
• B) (1 + f₁) × (1 + f₂) × (1 + f₃) × ... × (1 + f_n) = (1 + YTM_n)ⁿ
• C) f_n = - 1
• D) (1 + YTM_n)ⁿ = (1 + YTM_{n - 1})^{n - 1}(1 + f_n)

Comprehend the essentials of bureaucratic and mechanistic organizational designs and their impact on efficiency and adaptability.

Understand the concept of consideration in contract law, including its necessity for a valid contract.

Identify and explain the legal doctrine of promissory estoppel and its application.

Differentiate between liquidated and unliquidated debts and their implications on accord and satisfaction.

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