(I) An increase in default risk on corporate bonds shifts the demand curve for corporate bonds to the right
(II) An increase in default risk on corporate bonds shifts the demand curve for Treasury bonds to the left.
A) (I) is true, (II) false.
B) (I) is false, (II) true.
C) Both are true.
D) Both are false.
D
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Georgeson Emergency Care Hospital uses the step-down method to allocate service department costs to operating departments. The hospital has two service departments, Administration and Information Technology (IT), and two operating departments, Emergency Room and Intensive Care. Service Department Operating Department AdministrationIT Emergency RoomIntensive CareDepartmental costs$13,340$15,805 $597,700$396,240Employees45 14283Computers44 6546 Administration Department costs are allocated first on the basis of employees and IT Department costs are allocated second on the basis of computers. Required: Allocate the service department costs to the operating departments using the step-down method.
What will be an ideal response?
How can a small business decrease planned expenses to improve profits?
What will be an ideal response?
A hypothesis is best defined as
a.A difficult-to-define question b.An educated guess c.Cause-and-effect analysis d.A scientific inquiry
Which of the following statements is NOT CORRECT?
A. All else equal, bonds with longer maturities have more interest rate (price) risk than bonds with shorter maturities. B. If a bond is selling at its par value, its current yield equals its yield to maturity. C. If a bond is selling at a premium, its current yield will be greater than its yield to maturity. D. All else equal, bonds with larger coupons have greater interest rate (price) risk than bonds with smaller coupons. E. If a bond is selling at a discount to par, its current yield will be less than its yield to maturity.