Opinions are
a. proven statements.
b. always true.
c. based on personal beliefs and feelings.
d. none of these choices.
C
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Americans should not worry about all the dollars held by foreigners because
A. most of the currency is reinvested into America. B. taxes are lower as a result. C. interest rates are lower as a result. D. stock prices are higher as a result.
The present value of a financial asset is what you should be willing to pay today for that financial asset
Indicate whether this statement is true or false.
What should Susan do in regards to her credit card balance?
Susan has always maintained an excellent credit rating over the years. She has an annual income of $63,000, has lived at her current residence thirteen years, and has worked at the same job for eight years. Susan works in a clerical position, has two credit cards and maintains two bank accounts. Susan is very conservative and has all of her savings ($12,000) in a NOW account at her local bank. One of her credit cards has a balance of $550 and has an APR of 23%. Susan has been making monthly minimum payments on the credit card. Out of curiosity she would like to know how her credit card companies judge her creditworthiness and what she can do to improve her financial situation. A) She should continue to make minimum monthly payments. B) She should pay half of the balance this month and the remaining balance next month. C) She should take out a small loan to pay off the credit card. D) She should use some of her savings to pay off the balance in full immediately.
For years, the images of brokers shouting and scrambling on the floor of the New York Stock Exchange have offered an exciting perspective on the intensity of trading stocks under volatile conditions
Which of the following threatens to end the practice of floor trading on the NYSE? A) expansion of the over-the-counter market B) Securities and Exchange Commission regulations C) growth of electronic communications networks D) the ramifications of the 2008 financial crisis E) collapse of the secondary market for securities