Using overt sexuality in ads for products that are sexually-oriented is normally accepted, but it often becomes controversial when used for other types of products
Indicate whether the statement is true or false
TRUE
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How much would $100, growing at 5% per year, be worth after 75 years?
A. $3,689.11 B. $3,883.27 C. $4,077.43 D. $4,281.30 E. $4,495.37
A chart of accounts is a
a. subsidiary ledger. b. listing of all account titles. c. general ledger. d. general journal.
A group of loans pooled for securitization is expected to yield a return of 23%. The coupon rate promised to investors on securities issued against the pool of loans is 8%. The default (charge-off) rate on the pooled loans is expected to be 4.5%. The fee to compensate a servicing institution for collecting payments on the loans is 2%. Fees to set up credit and liquidity enhancements are 3%. The fee for advice on how to set up the pool of securitized loans is 1%. What is the residual income on this pool of loans?
A. 18.5% B. 9% C. 4.5% D. 2% E. None of the options is correct
A put option on British pounds has a strike (exercise) price of $1.48 . The present exchange rate is $1.55 . This put option can be referred to as: a. in the money
b. out of the money. c. at the money. d. at a discount.