A fixed-income security pays
A. a fixed level of income for the life of the owner.
B. a fixed stream of income or a stream of income that is determined according to a specified formula for the life of the security.
C. a variable level of income for owners on a fixed income.
D. a fixed or variable income stream at the option of the owner.
B. a fixed stream of income or a stream of income that is determined according to a specified formula for the life of the security.
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Alice enjoys going to work. She is satisfied with her own capabilities to do her job effectively and efficiently. Her position gives her the feeling of control and satisfaction of knowing that she can do what it takes to get the job done. What type of motivation is influencing Alice?
A. intrinsic motivation B. inherent motivation C. extraneous motivation D. extrinsic motivation
Which type of sales presentation method is best when a salesperson has sold products to a prospect in the past?
A. Problem-solution B. Stimulus response C. Barrier D. Formula selling E. Memorized
What are the characteristics of the decline stage of the product/service life cycle?
What will be an ideal response?
Which of the following statements is most correct, holding other things constant, for XYZ Corporation's traded call options?
A. The higher the strike price on XYZ's options, the higher the option's price will be. B. Assuming the same strike price, an XYZ call option that expires in one month will sell at a higher price than one that expires in three months. C. If XYZ's stock price stabilizes (becomes less volatile), then the price of its options will increase. D. If XYZ pays a dividend, then its option holders will not receive a cash payment, but the strike price of the option will be reduced by the amount of the dividend. E. The price of these call options is likely to rise if XYZ's stock price rises.