Question

Determine whether the following statements are true (T) or false (F).

e. _____ The natural log of the product equals the sum of the natural logs.
f. ______ The loan amount of a mortgage is the sum of an annuity.
g. ______ The price of a bond in between coupons payments includes the interest earned on all previous coupon payments.
h. _____ If coupon rate and yield are the same then the price of the bond equals the maturity (face) value.
i. _____ Anti-derivatives differ by a multiplicative constant.
j. _____ Macaulay Duration is at most the term of a bond.

Answer 1