Pelican Corporation is planning to invest $12,000 for the next 8 years. It will have to pay the amount at the beginning of each year. This form of payment is known as a(n) _____.?
A. ?immediate annuity
B. ?annuity due
C. ?uneven cash flow stream
D. ?ordinary annuity
E. ?deferred annuity
Answer: B. ?annuity due
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Which of the following statements is true of the U.S. economy?
A. In the second half of the 1960s, the output gap was mostly negative while in the first half of the 1990s, the output gap was mostly positive. B. In the second half of the 1960s, the output gap was mostly positive while in the first half of the 1990s, the output gap was mostly negative. C. In the second half of the 1960s and the first half of the 1990s, the output gap was mostly negative. D. In the second half of the 1960s and the first half of the 1990s, the output gap was mostly positive.
Maintenance simply is the absence of ______.
A. adjustment B. motivation C. conflict D. disdain
Which of the following is true regarding remedies available under Rule 10b-5?
a. The measure of damages is typically out-of-pocket loss, or an investor may elect to rescind the transaction; and the court may award prejudgment interest; but punitive damages are unavailable. b. The measure of damages is typically out-of-pocket loss with no right on the part of an investor to elect to rescind the transaction, and the court may award prejudgment interest; but punitive damages are unavailable. c. The measure of damages is typically out-of-pocket loss, or an investor may elect to rescind the transaction; the court may award prejudgment interest; and punitive damages are available in appropriate cases. d. The measure of damages is typically out-of-pocket loss with no right on the part of an investor to elect to rescind the transaction, the court may award prejudgment interest, and punitive damages are available in appropriate cases.
Opinion leaders are:
A. wealthy, highly-educated individuals. B. experts on all high-involvement consumer goods. C. usually the same individuals for all social classes. D. people who influence others.