1. Calculate the duration of a bond with two years to maturity, 7% coupon, 8.2% yield and pays semiannually.
1.89 years
1.82 years
1.9 years
3.8 years
None of the above
2. What are the options that were available for ENRON managers to avoid bankruptcy?
3. A lender makes a $90000 mortgage at 9% interest with monthly payments for 25 years. How much principal will be repaid during the fifth year of the loan?
4. What are the main role of ethics in corporate governance?