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15. What is the beta of a typical counter-cyclical corporation? A. Zero. B. One. C. A number below 0 (a negative number). D. A number
15. What is the beta of a typical counter-cyclical corporation?
A. Zero. | ||
B. One. | ||
C. A number below 0 (a negative number). | ||
D. A number between 0 and 1. | ||
E. A number above 1. |
16. When valuing a bond, the characteristics of the bond that remain fixed are all of the following EXCEPT the:
A. Face rate (also known as coupon rate) | ||
B. Price (market value) | ||
C. Face amount (also known as face value) | ||
D. Interest payment |
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