Messenger, Inc. bonds have a 4% coupon rate with semiannual coupon payments and a $1,000 par
value. The bonds have 11 years until maturity, and sell for $925. What is the current yield for
Messenger's bonds?
A) 2.16% B) 3.45% C) 5.52% D) 4.32%
D
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Ideal ________ would exist if users could fix the product themselves with little cost in money or time
A) durability B) reliability C) style D) design E) reparability
Answer the following statements true (T) or false (F)
Research on the smoothing of year-to-year income suggests that operating income is better predicted by operating rather than all-inclusive income.
What effect would the creation of ‘Self Managed Work Teams’ (SMWT) have upon leadership?
a. The SMWT would require a greater deal of control and coordination by the leader b. The SMWT would create a fun environment for the leader to work in c. The SMWT might act as a substitute to leadership and thus decrease the effectiveness of the leader d. All of the above
The standard real estate commission paid a listing broker/agent is 6%. That amount is;
a. negotiable b. standard by federal law. c. standard by state law. d. standard by HUD administrative rule.