Assume the following returns and yields: U.S. T-bill = 8%, 5-year U.S. T-note = 7%, IBM common stock = 15%, IBM AAA Corporate Bond = 12% and 10-year U.S. T-bond = 6%. Based on this information, the shape of the yield curve is ________
A) upward sloping
B) downward sloping
C) flat
D) normal
B
You might also like to view...
Retailers control shelf purchase and have purchasing data, which means they determine:
A) what products and brands are placed on stores shelves B) what marketing products manufacturers use C) who has the power in the distribution channel D) what products manufacturers produce
Calculate the average percentage cost of goods sold for the top three competitors of a business when the cost advantage index of the business is 120 and the percentage cost of goods sold by the business is 60%
A) 120 B) 53.22 C) 50 D) 80 E) 42
The client makes estimates relative to recorded amounts in the financial statements. Which of the following assumptions best represents the auditor's primary focus regarding the reasonableness of such estimates?
a. That historical trends are followed. b. That income is managed. c. That there is an adequate cushion. d. That management reverses estimates when opportune.
According to the text, which line type do guests tend to prefer?
a. single-channel, single-phase b. multi-channel, single-phase c. single-channel, multi-phase d. multi-channel, multi-phase