Demario and Evander want to form and do business as a corporation—Farm-2-Fork RestaurantInc A corporation is
a. a natural being.
b. a tangible thing.
c. an artificial person.
d. ultra vires.
C
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______ is the ability to selectively attend to and evaluate messages in the media.
a. Media mindfulness b. Media literacy c. Media awareness d. Media listening
Explain the four categories of consumer goods and give an example of each.
What will be an ideal response?
A(n) ___________ signs an instrument to lend his credit to an instrument, and his liability is determined by the capacity in which he signs
a. indorser b. accommodation party c. authorized agent d. maker
McCue Inc.'s bonds currently sell for $1,175. They pay a $90 annual coupon, have a 25-year maturity, and a $1,000 par value, but they can be called in 5 years at $1,050. Assume that no costs other than the call premium would be incurred to call and refund the bonds, and also assume that the yield curve is horizontal, with rates expected to remain at current levels on into the future. What is the difference between this bond's YTM and its YTC? (Subtract the YTC from the YTM; it is possible to get a negative answer.)
A. 1.26% B. 1.47% C. 1.74% D. 1.68% E. 1.88%