The amount of money a borrower receives from the lender is called discount rate

Indicate whether the statement is true or false


False

Business

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A six-month certificate of deposit would be considered to be a cash equivalent

a. True b. False Indicate whether the statement is true or false

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The weight of a loaf of bread is normally distributed with a mean of 22 oz and a standard deviation of 0.5 oz. What is the probability that a loaf is less than 24 oz?

What will be an ideal response?

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The International Emergency Economic Powers Act grants authority to the President to regulate economic and financial transactions in wartime only

Indicate whether the statement is true or false

Business

All of the following firms provide financial ratings of insurance companies except:

A) A.M. Best B) Standard & Poor's C) Moody's D) NASD

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