Calculate the modified duration of a bond that has a Macaulay duration of 7.6 and the bond pays interest semi-annually with a coupon rate of 6 percent and a required rate of return of 8 percent.

Because rose does less work than jeremy

Answer proprietary product technology;

Choice (d) is the most correct. this would be an example of the availability heuristic. when a person can easily recall an event similar to another, we tend to think the second event happens much more often than it likely does. the fact that we have mental shortcuts that allow this to happen is the mechanism behind our misjudgments.