Why does the longer-term bond’s price vary more than the price of the shorter-term bond when interest rates change? the change in price due to a change in the required rate of return increases as a bond's maturity decreases. long-term bonds have greater interest rate risk than do short-term bonds. the change in price due to a change in the required rate of return decreases as a bond's maturity increases. long-term bonds have lower interest rate risk than do short-term bonds. long-term bonds have lower reinvestment rate risk than do short-term bonds.

What does the phrase limited liability mean in a corporate context?

Over the past decade, brands that were once available only to the wealthy have created more affordable product extensions, giving a far broader range of consumers a taste of the good life. jaguar, for instance, launched its x-type sedan, which starts at $30,000 and is meant for the "almost rich" consumer who aspires to live in luxury. by marketing to people who desire a luxurious lifestyle, jaguar is using:

Fortress international, a large conglomerate, procures a few component parts from external suppliers and also manufactures some of the key raw materials in its own subsidiaries. aside from this, the company does not solely depend on outside distributors to reach its customers. in fact, it has its own retail stores to distribute its products. in this scenario, which of the following alternatives to vertical integration is fortress international applying? a. concentric integration b. taper integration c. horizontal integration d. conglomerate integration