The price of a 3-year zero coupon government bond is 85.16. The price of a similar 4-year bond is 78.81. What is the yield to maturity (effective annual yield) on the 3-year bond?
A) 4.6%
B) 5.5%
C) 5.8%
D) 6.7%
B
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An environmental assessment document usually does not contain a(n):
A) outline of how alternatives to the project would affect the environment B) project budget C) description of the project D) reasons for the project E) outline of how the project will affect the environment
The best cure for vandalism is ______________
a. creating positive goodwill b. improving client relations c. prevention d. arbitration e. ignoring it
Decentralization is frequently chosen by companies because it
A) allows higher management to make all decisions. B) allows higher management to gather local information to make better decisions. C) protects segments of the company from competitive pressures. D) allows for training and motivation of local managers. E) allows the CEO to make all important decisions.
Assume that an assembly line has three tasks that must be completed (in order, A, B, C, and D). The tasks have processing times of 8, 12, 9, and 10 minutes per unit, respectively. If the assembly line operates for 500 minutes per day with a desired output of 50 units per day, what is the takt time?
a. 41.7 minutes per unit b. 10 minutes per unit c. 62.5 minutes per unit d. Cannot be determined from the information given