Which of the following types of investor would be most likely to purchase zero coupon bonds??

A. ?Retired individuals seeking income for current consumption
B. ?Individuals in high tax brackets
C. ?Tax-free investors such as pension funds
D. ?Risk-averse individuals anticipating increases in interest rates
E. ?Individuals with no interest income


Answer: C

Business

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Pediacertain Pet Supplies, a pet-food company, divides the pet market according to the pet owners' gender, occupation, income, and family life cycle. In this case, which of the following variables has the company used for market segmentation?

A) geographic B) psychographic C) benefit D) demographic E) occasion

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A consumer's age is typically the most reliable predictor of what products will appeal to the consumer

Indicate whether the statement is true or false

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Which of the following statements regarding the gross material requirements plan is TRUE?

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Price and Quint are starting a small machine shop¾Riverside Boat Repair¾and are considering whether to organize the business as a limited liability partnership. This form

A. does not limit its owners' personal liability for business debts. B. limits its owners' personal liability for business obligations. C. obviates the need to obtain insurance for business liability risks. D. requires three partners to accept liability for potential risks.

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