What formula measure would an investor use to calculate the yield on a 20-year bond with 10 years to maturity, if he or she only intends to hold the bond for 5 years?
A. Anticipated realized yield
B. Yield to call
C. Current yield
D. Yield to maturity
E. Any one of the above will measure the yield
A. Anticipated realized yield
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In the modern customer-oriented organizational chart, which of the following is considered to be at the top of the organizational pyramid?
A) sales B) top management C) front-line people D) customers E) middle management
Systems that focus on the specific needs of individual departments and are not designed to communicate with other systems in the organization are referred to as ________
A) internally focused applications B) externally focused systems C) stand-alone applications D) enterprise-wide systems E) enterprise-information systems
Which of the following is a similarity between price fixing and predatory pricing?
a. Both are illegal under the Federal Trade Commission Act. b. Both are fine-tuning techniques that do not change the general price level. c. Both typically discourage and block competition from entering a market. d. Both may ignore demand or cost or both.
List the depository and nondepository institutions and describe their differences