?Bonds issued by BB&C Communications that have a coupon rate of interest equal to 10.65 percent currently have a yield to maturity (YTM) equal to 15.25 percent. Based on this information, it is understood that BB&C's bonds must currently be selling at _____ in the financial markets.

A. ?par value
B. ?a discount
C. ?a premium
D. ?the inflation adjusted interest rate
E. ?a floating interest rate


Answer: B

Business

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It has been discovered that an overseas manufacturing facility your company uses has been employing child labor despite your position against it. You are contemplating relocating your manufacturing to another country where costs are somewhat higher but workplace standards are more tightly controlled. In using Bagley's ethical decision tree, you determine it would be unethical NOT to relocate, so you should   

A. relocate the facility, but don't tell shareholders about potentially smaller profits. B. warn the manufacturer that you will relocate should a violation occur again. C. continue to use the facility, despite your objections, because this will maximize shareholder value. D. relocate the facility, and tell the shareholders how this will affect their returns. E. continue to use the facility, because it is benefitting your company, and all workers, even underage ones.

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The Farber Company recorded the following costs of quality during the current period:     Downtime$1,500 Inspection 1,000 Product design 4,000 Reliability testing upon completion of production 2,500 Restocking and packaging 1,500 Training 3,000 Warranty repairs and replacements 2,500 Total Costs of Quality$16,000  Which choice below represents the correct amount of prevention and appraisal costs? Prevention AppraisalA)$4,000  $1,000 B)$3,000  $1,000 C)$7,000  $3,500 D)$3,000  $2,500 

A. Choice A B. Choice B C. Choice C D. Choice D

Business

In a net, net, net lease arrangement, the tenant is responsible for paying only rent, property taxes, and utilities

Indicate whether the statement is true or false

Business

What do we call those companies that control, or at least shape, the structure of overarching systems architecture?

a. Platform leaders b. Industry leaders c. Senior architect firms d. Market leaders

Business