Investors can lock in a real interest rate and thus avoid most of the risk of unexpected inflation by buying
A. corporate bonds.
B. inflation-indexed securities.
C. stock.
D. mortgage-backed securities.
Answer: B
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The ERG Theory was developed by which of the following theorists?
A. David McClelland B. Douglas McGregor C. Clay Alderfer D. Abraham Maslow E. Frederick Herzberg
Leticia contracts with Mariana to sell land that, unknown to either party, has groundwater contaminated from adjacent land that was occupied several decades earlier by a chemical manufacturing plant. When this is discovered, Leticia asserts the doctrine of commercial impracticability. This doctrine applies only when, with respect to an event that renders performance impossible, at the time the contract was formed the parties
A. could not have reasonably foreseen the supervening event. B. could have reasonably foreseen the supervening event. C. should have foreseen the supervening event, reasonable or not. D. should not have foreseen any supervening events.
Mays Industries was established in 2013. Since its inception, the company has generated the following levels of taxable income (EBT): YearTaxable Income2013$50,0002014$40,0002015$30,0002016$20,0002017-$52,5002018$60,000? Assume that each year the company has faced a 40% income tax rate. Also, assume that the company has taken full advantage of the Tax Code's carry-back, carry-forward provisions, and assume that the current provisions were applicable in 2013. What is the company's tax liability for 2018?
A. $19,780 B. $27,830 C. $23,000 D. $25,990 E. $17,250
Cashier's checks, money orders, and traveler's checks are secured check alternatives to a personal check and therefore are more risk-free for the payee
Indicate whether the statement is true or false.