The secondary market price of a bond is based on
A) the bond's coupon payments.
B) the number of years the bond has until maturity.
C) the market interest rate required for bonds of a similar risk and term.
D) All of the above are factors in determining the bond's market price.
Answer: D
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The effective management of human resources in a firm to gain a competitive advantage in the marketplace requires
a. timely and accurate information on current employees b. a vice president representing the HR function c. the use of decision support systems (DSS) d. outsourcing of transaction HR activities
Kathy is the secured party in a transaction with Julie, who is the debtor. The collateral is a 2007 Chevrolet F150 pick-up truck. Kathy files a financing statement in which she describes the collateral as "a vehicle.". To perfect Kathy's interest this is
a. not sufficient. b. sufficient. c. sufficient if the financing statement also includes Julie's signature. d. sufficient if the financing statement also includes the location of the collateral.
Which of the following statements is CORRECT?
A. If Firms X and Y have the same P/E ratios, then their market-to-book ratios must also be equal. B. If Firms X and Y have the same net income, number of shares outstanding, and price per share, then their P/E ratios must also be the same. C. If Firms X and Y have the same earnings per share and market-to-book ratio, then they must have the same price/earnings ratio. D. If Firm X's P/E ratio exceeds that of Firm Y, then Y is likely to be less risky and/or be expected to grow at a faster rate. E. If Firms X and Y have the same net income, number of shares outstanding, and price per share, then their market-to-book ratios must also be the same.
Commercial paper is usually secured by inventory.?
Answer the following statement true (T) or false (F)