Which of the following statements is correct?
a. all else equal, high-coupon bonds have less reinvestment risk than low-coupon bonds.
b. all else equal, long-term bonds have less price risk than short-term bonds.
c. all else equal, low-coupon bonds have less price risk than high-coupon bonds.
d. all else equal, short-term bonds have less reinvestment risk than long-term bonds.
e. all else equal, long-term bonds have less reinvestment risk than short-term bonds.

Lynch company manufactures and sells a single product. the following costs were incurred during the company’s first year of operations: variable costs per unit: manufacturing: direct materials $ 12 direct labor $ 6 variable manufacturing overhead $ 1 variable selling and administrative $ 1 fixed costs per year: fixed manufacturing overhead $ 308,000 fixed selling and administrative $ 218,000 during the year, the company produced 28,000 units and sold 15,000 units. the selling price of the company’s product is $56 per unit. required: 1. assume that the company uses absorption costing: a. compute the unit product cost. b. prepare an income statement for the year. 2. assume that the company uses variable costing: a. compute the unit product cost. b. prepare an income statement for the year.

Which of the following is not part of the mission statement of the department of homeland security? lead the unified national effort to secure america protect against and respond to threats and hazards to the nation ensure safe and secure borders coordinate intelligence operations against terrorists in other countries

During which of the following phases of the business cycle does the real gdp fall? a. trough b. expansion c. contraction d. peak