The before-tax cost of debt of a firm using funds from bond issue is equal to the _____ of the bond.?
A. yield to maturity (YTM)?
B. ?maturity value
C. ?coupon rate
D. ?discount rate
E. ?internal rate of return
Answer: A
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A liquidated damage provision will be enforced when:
A. a technical breach of contract has occurred without causing any actual loss. B. the nature of the contract is such that damages are easy to determine. C. the amount agreed on is not the injured party's exclusive remedy. D. the amount specified is reasonable and actual damages are difficult to determine.
Which of the following is true about behavioral segmentation on the basis of the loyalty variable?
A) Consumers tend to pay more for products that are targeted at their respective age group or generation. B) By looking at customers who are shifting away from its brand, a company can learn about its marketing weaknesses and take actions to correct them. C) Highly loyal customers of a brand are less likely to engage in word-of-mouth publicity than those who are not. D) Completely loyal customers of a brand are typically loyal to two or three brands of a given product. E) Only consumers who seek premium or luxury services are subjected to behavioral segmentation based on the loyalty variable.
A survey revealed that 21.5% of the households had no checking account, 66.9% had regular checking accounts, and 11.6% had NOW accounts. Of those households with no checking account 40% had savings accounts. Of the households with regular checking accounts 71.6% had a savings account. Of the households with NOW accounts 79.3% had savings accounts. The probability that a randomly selected
household with a savings account has no checking account is: a. 0.1309. b. 0.1290. c. 0.1437. d. 0.2150. e. 0.4000.
In a sample of 200 individuals, 120 indicated they are Democrats. Develop a 95% confidence interval for the proportion of Democrats in the population