Bankruptcy petitions cannot be filed by the debtor without the assistance of an attorney or filing service
Indicate whether the statement is true or false
FALSE
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Performing a quality audit is an example of a prevention cost
Indicate whether the statement is true or false
You are planning to buy a stock, the risk on which is dependent on two factors: (1) the change over the last year in the inflation rate and (2) the spread between ten-year Treasury bonds and three-month Treasury bills. Suppose the average risk-free interest rate is 1 percent. The beta coefficients of the stock associated with the change in inflation rate and spread between ten-year Treasury bonds and three-month Treasury bills are -2 and 5 respectively. If you expect the inflation rate to rise 1 percentage point and you think the spread will be 3 percentage points. What is the expected return to this stock? Use the arbitrage-pricing theory.
A. 11 percent B. 12 percent C. 14 percent D. 18 percent
The utilitarian school of thought is divided into which of the following subcategories?
A) act utilitarianism and rule deontology B) act deontology and rule utilitarianism C) act utilitarianism and rule utilitarianism D) act deontology and rule deontology
A declaration of war: A) can be enacted by both state and federal governments
B) can be enacted only by the national government. C) can be enacted only by state governments. D) is prohibited by the U.S. Constitution.