What is the yield to maturity of a 5-year bond?
A. 4.6%
B. 4.9%
C. 5.2%
D. 5.5%
E. 5.8%
C. 5.2%
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In compensation, a golden parachute provides ______.
A. stock options to executives instead of a higher salary B. executive incentives to improve long-term organizational performance C. a company funded retirement plan for senior level executives D. a large lump sum payment to executives who are dismissed from a merged or acquired firm
Use full, accurate, and ____________ information in everything you communicate
a. timely b. relevant c. honest d. recent
Which of the following is not a cause of inventory shrinkage?
a. markdowns due to stale merchandise b. theft by employees c. shoplifting by consumers d. administrative errors by vendors (such as short weighing)
Describe the features of a good letter extending credit to a retailer