To determine the mortgage payment on a home loan with payments made at the beginning of
each month, you would
A) determine the present value factor of an annuity due and multiply the factor by the loan
amount to determine the payment.
B) determine the present value factor of an ordinary annuity and multiply the factor by the
loan amount to determine the payment.
C) determine the present value factor of an ordinary annuity and divide the factor into the
loan to determine the payment.
D) determine the present value factor of an annuity due and divide the factor into the loan to
determine the payment.
C
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Which of the following ratios usually reflects investors opinions of the future prospects for the firm?
a. Dividend yield b. Book value per share c. Price/earnings ratio d. Earnings per share e. Dividend payout
z is a standard normal random variable. The P(-1.96 
z
1.4) equals
A. 0.9442. B. 0.0558. C. 0.8942. D. 0.1058.
Which of the following is not an element in Munro-Fraser’s (1958) five-fold system for compiling person specifications:
a. impact on others b. acquired qualifications c. innate abilities d. personal circumstances
The number of women of color in U.S. Congress is ______.
A. higher than White males B. lower than White females C. higher than all males D. 50% of all women in Congress