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1) Treasury Inflation-Protected Securities (TIPS) have __________ interest payments unlike the _________ interest payments associated with traditional T-bonds.

a. none of the above

b. variable; fixed

c. zero; fixed

d. fixed; variable

2) __________ measures the number of years needed to recover the conversion premium with the convertible’s higher income.

a. Macaulay duration

b. Time to maturity

c. Conversion value

d. Breakeven time

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M93042001

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