Which is the right formula for B7?
a) =IRR(B2:B5)
b) =IRR(B3:B5)
c) =IRR(B2:B6)
a) =IRR(B2:B5)
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Suppose an investor purchases a one-year bond today, for $960. The bond promises a return of $1,000. She purchases another one-year bond, after a year, for $887 that promises a return of $990. What is the yield to maturity earned by the investor on the purchase of these two short-term bonds??
A. ?6.50 percent B. ?7.85 percent C. ?8 percent D. ?10 percent
Which is NOT true about the electrical charges of elements?
A. An atom is neutral when the positive and negative charges balance. B. In an atom, the number of protons and neutrons must be equal. C. Protons carry a positive charge. D. Neutrons have no electrical charge.
The Securities Act of 1933 is also called the "Truth in Securities Act."
a. True b. False Indicate whether the statement is true or false
A _____ error arises if the sample drawn from a population differs from the target population.
A. field B. frame C. measurement D. random E. nonresponse