Which one of the following bonds has the shortest


1. Which one of the following bonds has the shortest duration?

(a) Zero coupon, 10-year maturity

(b) Zero coupon, 13-year maturity

(c) 8 percent coupon, 10-year maturity

(d) 8 percent coupon, 13-year maturity

2. When it comes to preventing fraud in an organization, the most critical element of the control environment is:

a. Labeling

b. Communication

c. Monitoring

d. Modeling

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Financial Management: Which one of the following bonds has the shortest
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