The issue price of zero-coupon bonds is the present value of their face amount
Indicate whether the statement is true or false
True
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Most firms are able to increase sales by extending credit to customers
a. True b. False Indicate whether the statement is true or false
According to businesspeople in the United States, which of the following is most likely to be the biggest benefit to stress in a business proposal?
A) Gain in status B) Relationship with people C) Benefit for the society D) Profit E) Gain in power
One difference between open-end and closed-end funds is that
A) open-end funds have no maturities, while closed-end funds are dissolved after a given number of years. B) shares of an open-end fund are bought and sold directly from or to the fund, while closed-end shares are bought and sold like the shares of any corporation. C) open-end shares can be purchased by the general public, while closed-end shares are available only to fund directors. D) closed-end funds control and manage open-end funds.
A discount is volume-based if the pricing schedule offers discounts based on the quantity ordered in a single lot
Indicate whether the statement is true or false.