Many large multinational corporations work to combine the ________ approaches to strategic planning.
A. political, administrative, regional, and environmental
B. economic, political, quality, and administrative
C. economic, environmental, political, and administrative
D. global, environmental, economic, and quality
Answer: B
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On January 1, 2014, New Country issued $200,000 of ten-year 8% bonds at 98. These bonds were callable at 102 at any time after three years. Straight-line amortization was used. On January 1, 2018, a new bond issue was sold and the old bonds were called. What was the loss on bond retirement?
A) $2,000 B) $4,400 C) $6,400 D) $8,000
William obtains a loan from a bank at 4.5 percent interest. The state where he obtains the loan has a usury statute that limits interest rates to a 3.5 percent maximum. William's contract with the bank is A) enforceable only if William does not attempt to disaffirm it
B) enforceable only if the bank does not attempt to disaffirm it. C) enforceable only if both William and the bank knew of the statute when the contract was signed. D) not enforceable.
Explain why you agree or disagree with the following statement: "When the Monte Carlo simulation methodology is used to value a RMBS, a PSA assumption is employed for all interest-rate paths."
What will be an ideal response?
When an organization develops a comprehensive security plan, it should set up a security committee with representatives from all departments as well as upper management
Indicate whether the statement is true or false