USE THE INFORMATION BELOW FOR THE FOLLOWING PROBLEM(S)

question 19

Multiple Choice

USE THE INFORMATION BELOW FOR THE FOLLOWING PROBLEM(S)
You are creating a portfolio that consists of the following two bonds. Bond A pays an annual 7 percent coupon, matures in two years, has a yield to maturity of 8 percent, and a face value of $1,000. Bond B pays an annual 8 percent coupon, matures in three years, has a yield to maturity of 9 percent, and a face value of $1,000.
-Refer to Exhibit 13.14. Calculate the Modified Duration for Bond B.

• A) 1.44
• B) 2.47
• C) 2.55
• D) 2.70
• E) 2.78

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Definitions:

Intergroup Conflict

Disputes or disagreements between different groups or teams, often caused by competing objectives, resources, or ideologies.

Organisational Subcultures

Groups within an organization that maintain unique value systems and practices relative to the overarching organizational culture.

Diversity

The inclusion of individuals from various backgrounds, including race, gender, age, ethnicity, religion, and sexual orientation, within a group or organization.

Managing Diversity

Building an inclusive work environment that allows everyone to reach their full potential.