d .
6.2 times
14 . The statement " Bond prices vary inversely with changes in the market rate of interest " means that if the
a . market rate of interest increases , the contractual interest rate will decrease .
b . prices will go down . contractual interest rate increases , then bond c . prices will go up . market rate of interest decreases , then bond
d . contractual interest rate increases , the market rate of interest will decrease .
15 . A company would not acquire treasury stock
a . in order to reissue shares to officers .
b . as an asset investment .