The Contract Clause prevents a state from:

A) making contracts with private individuals.
B) affecting any agreements between private parties.
C) contracting with another state.
D) levying duties on imports that come into the state from other states.


D

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A 10-year corporate bond has an annual coupon of 9%. The bond is currently selling at par ($1,000). Which of the following statements is NOT CORRECT?

A. The bond's yield to maturity is 9%. B. The bond's current yield is 9%. C. If the bond's yield to maturity remains constant, the bond will continue to sell at par. D. The bond's current yield exceeds its capital gains yield. E. The bond's expected capital gains yield is positive.

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Answer the following statements true (T) or false (F)

Large parts of APB Statement 4 are restatements of the conventional wisdom of the time.

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In the 21st century, the traditional media are pretty much dead

Indicate whether the statement is true or false

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UniVision Corporation, a U.S. company, sets up a firm in Vietnam. UniVision remains in the United States and retains ownership of the Vietnamese branch, as well as authority and control over all phases of the operation. This is

a. a franchise. b. a wholly owned subsidiary. c. a joint venture. d. direct exporting.

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