Which of the following bond mutual funds has both the lowest default risk and the lowest interest rate risk?
A) Short-term Treasury
B) Long-term Ginnie Mae
C) Long-term corporate
D) Short-term high yield
Answer: A
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Maywood Company sells hand-knit scarves
Each scarf sells for $40. The company pays $60 to rent vending space for one day. The variable costs are $15 per scarf. How many scarves should the company sell each day in order to break even? (Round your answer up to the nearest whole scarf.) A) 2 scarves B) 3 scarves C) 20 scarves D) 4 scarves
Investment bankers ________ new issues of bonds or stocks by purchasing, at a discount, the entire stock or bond issue of a firm and selling the issue to interested investors at a higher price.
A. sanction B. guarantee C. syndicate D. underwrite
Types of corporate bonds:
What will be an ideal response?
A shipping company believes there is a linear association between the weight of packages shipped and the cost. The following table shows the weight (in pounds) and cost (in dollars) of the last seven packages shipped.WeightCost1217911172713168918252021The Spearman rank correlation coefficient between weight and cost is ________.
A. 0.897 B. 0.811 C. 0.960 D. 0.820