The power to consolidate is conferred by statute.
Answer the following statement true (T) or false (F)
True
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Which of the following is NOT one of the ways companies can utilize cell phones to market to or track consumers?
A) utilize GPS data to provide location-based offers B) utilize digital in-store signs that dispense coupons to smart phones C) utilize cookies to track mobile activity D) track behavior across tablets and mobile devices using screen identities E) track loyalty program participation
Objectives of multilateral netting include keeping as much money as is reasonably possible in countries with high interest rates or where credit is difficult to obtain.
Answer the following statement true (T) or false (F)
Synergistic benefits can arise from a number of different sources, including operating economies of scale, financial economies, and increased managerial efficiency.
Answer the following statement true (T) or false (F)
Which of the following statements is CORRECT?
A. If a 10-year, $1,000 par,zero coupon bondwere issued at a price that gave investors a 10% yield to maturity, and if interest rates then dropped to the point where rd= YTM = 5%, the bond would sell at a premium over its $1,000 par value. B. If a 10-year, $1,000 par, 10% coupon bond were issued at par, and if interest rates then dropped to the point where rd= YTM = 5%, we could be sure that the bond would sell at a premium above its $1,000 par value. C. Other things held constant, including the coupon rate, a corporation would rather issue noncallable bonds than callable bonds. D. Other things held constant, a callable bond would have a lower required rate of return than a noncallable bond because it would have a shorter expected life. E. Bonds are exposed to both reinvestment risk and price risk. Longer-term low-coupon bonds, relative to shorter-term high-coupon bonds, are generally more exposed to reinvestment risk than price risk.