What is Mr. Rajaratnam, the former head of Galleon Hedge fund, accused of doing?
a. Advance trading on IPOs
b. Trading on inside information
c. Honest services fraud
d. Fraud in financial reports
.B
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The issue price of bonds is the ________ of the bonds' cash payments, discounted at the bonds' market rate.
What will be an ideal response?
Procedural due process requires that any government decision to take a person's property must be made fairly.
Answer the following statement true (T) or false (F)
Which of the following is used to analyze a firm's financial performance over different years?
A) time-series analysis B) break-even analysis C) gap analysis D) marginal analysis
Each of the following factors may cause a corporation to lower its dividend payout ratio EXCEPT
A) current common shareholders are unable to participate in new equity offerings. B) the corporation's current and quick ratios are higher than industry average. C) the corporation's retained earnings balance is high. D) the corporation's earnings predictability is high.