The motivation for floating-rate bonds arose out of the costly experience of the early 1980s when inflation pushed interest rates to very high levels, causing sharp declines in the prices of long-term bonds.?
Answer the following statement true (T) or false (F)
True
The coupon rates on floating-rate bonds float with market interest rates rather than with the inflation rate. Thus, when interest rates rise, the coupon rates increase, and vice versa. See 6-1: Characteristics and Types of Debt
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What is the key lesson in Chapter 12's opening scenario on President Barack Obama?
A) Government officials should limit their use of social media. B) The president's cabinet cannot always be relied upon to carry his messages to the public. C) Public figures can do an end run around traditional media and "go direct" to the public. D) Social media can be an important tool in affecting legislation on Capitol Hill.
An important consideration in designing a strategy-supportive reward system is to
A. choose those types of rewards and incentives that will focus employees' attention on total customer satisfaction. B. employ incentives that will help motivate employees to put in long hours and sacrifice personal ambitions and aspirations to pursue the priorities of management. C. make across-the-board wage and salary increases the cornerstone of monetary rewards. D. link the payment of all monetary rewards to the company's bottom-line profitability. E. make nonmonetary rewards and recognition an integral part of the reward system.
Which business is an example of a franchise?
A. Sears B. Burger King C. Federal Express D. The U.S. Postal Services
Which of the following best describes a resource hook?
a. Content written with the intent to be helpful to the target audience. b. Refutes some accepted belief. c. Is designed to show that the content will entertain. d. Promises something for free. e. Offers a claim about something of interest.