Twenty percent of the students in a class of 100 are planning to go to graduate school. The standard deviation of this binomial distribution is
a. 20.
b. 16.
c. 4.
d. 2.
c
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Bonds that are issued in a series so that a specified amount of the bonds mature each year are called
a. debenture bonds; b. serial bonds; c. term bonds; d. callable bonds; e. coupon bonds
Which financial projections include three estimates (optimistic, pessimistic, and most likely)?
A) sales forecasts B) risk analyses C) expense forecasts D) break-even analyses E) per-unit variable costs
You were left $100,000 in a trust fund set up by your grandfather. The fund pays 6.5% interest. You must spend the money on your college education, and you must withdraw the money in 4 equal installments, beginning immediately. How much could you withdraw today and at the beginning of each of the next 3 years and end up with zero in the account?
A. $24,736 B. $26,038 C. $27,409 D. $28,779 E. $30,218
The significance of personal relationships has created a system in which Mexicans are obligated to give preference to relatives and friends when hiring, contracting, procuring, and sharing business opportunities. This is referred to as the ________ system.
A. Manana B. Quid pro quo C. Compadre D. Gringo E. Nepotism