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Indicate whether the statement is true or false.


Answer: True.

Business

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A promissory note and a certificate of deposit has three parties, the maker, the makee, and the payee

Indicate whether the statement is true or false

Business

In the model y = ?0 + ?1x + ?2d + ?3xd + ?, when d changes from 0 to 1 how does the intercept of the corresponding lines change?

A. From b0 to b0 + b2 B. From b0 to b0 + b3 C. From b0 to b0 + b1 + b2 D. From b0 to b0 + b1

Business

Suppose you write a strap and the stock price winds up to be $42 at contract expiration. What was your net profit on the strap?

The common stock of the Avalon Corporation has been trading in a narrow range around $40 per share for months, and you believe it is going to stay in that range for the next 3 months. The price of a 3-month put option with an exercise price of $40 is $3, and a call with the same expiration date and exercise price sells for $4. A. $200 B. $300 C. $700 D. $400

Business

During November, the production department of a process operations system completed and transferred to finished goods 35,000 units that were in process at the beginning of November and 110,000 that were started and completed in November. November's beginning inventory units were 100% complete with respect to materials and 55% complete with respect to conversion. At the end of November, 40,000 additional units were in process in the production department and were 100% complete with respect to materials and 30% complete with respect to conversion. Compute the number of equivalent units with respect to conversion for November using the weighted-average method.

A. 55,500. B. 157,000. C. 83,500. D. 185,000. E. 145,000.

Business