When a severe weather warning has been declared, a delay in notice of dishonor is excused to the reasonably diligent holder who was prevented from posting the notice
a. True
b. False
Indicate whether the statement is true or false
True
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Canadian steel company Dofasco looked at cultural challenges in expanding and decided to stick to its famous motto: 'our strength is people.'
Answer the following statement true (T) or false (F)
A deposit receipt is ________.
A) retained by the customer as proof of a deposit transaction B) the same as a signature card C) used by the bank as an alternative to a remittance advice D) given by the customer to the bank as a proof of deposit
Which test is not an example of a white box test?
a. determining the fair value of inventory b. ensuring that passwords are valid c. verifying that all pay rates are within a specified range d. reconciling control totals
Field Industries' outstanding bonds have a 25-year maturity and $1,000 par value. Their nominal yield to maturity is 9.25%, they pay interest semiannually, and they sell at a price of $850. What is the bond's nominal (annual) coupon interest rate?
A. 6.27% B. 6.60% C. 6.95% D. 7.32% E. 7.70%