Trading in the secondary markets for U.S. Government and municipal bonds
a. Takes place through a network of primary dealers
b. Takes place over the counter by dealers who buy and sell on their own account
c. Takes place on the NYSE bond annex
d. All of the above
e. None of the above
A
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Generally, a person can do anything through an agent that he or she could legally do personally.
Answer the following statement true (T) or false (F)
A transaction is ethically legitimate as long as someone wants to buy something and someone else is willing to sell it.
Answer the following statement true (T) or false (F)
Income statements for three companies are provided below:
Required: (a) Prepare new income statements for the firms assuming each sells one additional unit (i.e. each firm sells 21 units)(b) Briefly describe the effect of cost structure on profitability.
What will be an ideal response?
Sunny Energy Company wants to genetically test its workers for potentially significant, future health problems. Sunny may
a. discharge employees who test "positive.". b. discriminate against job applicants who test "positive.". c. deny group health insurance for its employees who test "positive.". d. not make employment decisions based on genetic testing.