An investor bought an 8% bond at 106 . The bond would mature in 5 years. Compute the rate of yield to maturity. (Do not consider commission. Round answer to two decimal places.)
6.60%
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Which of the following is NOT a standard that producers would use to evaluate intermediaries' performance?
A) sales-quota attainment B) average inventory levels C) modification of channel design D) customer delivery time E) cooperation in promotional programs
Foreign-based production facilities offer many advantages to an investing company if the foreign market is small
Indicate whether the statement is true or false
Long quotations typically have quotation marks around them.x
a. true b. false
Harry finds an old stereo in his attic. He sells the stereo to Jake for $50 telling him that it is fully functional, which Jake thinks is true. However, it turns out to be broken. Which of the following statements is true in this context?
A) Jake can sue Harry for fraud in the inducement. B) Jake cannot rescind the deal but can sue Harry for fraud by concealment. C) Jake can sue Harry for innocent misrepresentation. D) Jake can rescind the deal but cannot sue Harry for innocent misrepresentation.