At any given time, the yield curve is affected by I. lender preferences. II. inflationary expectations. III. liquidity preferences. IV. short- and long-term supply and demand conditions

A) I and IV only
B) II, III and IV only
C) I, II and III only
D) I, II, III and IV


Answer: D

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Below are the transactions for the Louisville Company: Proceeds from issuance of bonds payable $635,000 Payment to purchase equipment $275,000 Payment of wages $115,000 Payment of dividends $155,000 Payment to pay off notes payable $195,000 Based on these transactions, what is the net cash flow from financing activities?

a. $285,000 net cash provided by financing activities. b. $275,000 net cash used for financing activities. c. $0, because cash inflows equal cash outflows from financing activities. d. $440,000 net cash provided by financing activities.

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Law that is not favorable to a client's case should:

A) not be included in a memorandum. B) be included in a memorandum. C) be included in a case brief. D) not be included in an opinion letter.

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In the In re Bryan Road case referenced in the text, the main issue before the Florida court was whether a pre bankruptcy waiver of the automatic stay in a prepetition workout was enforceable. How did the court rule?

a. After considering a number of factors, the court concluded that the waiver of the automatic stay would be enforced. b. The court ruled as a matter of law that such agreements are contrary to the principles set forth in the federal bankruptcy statutes and that such agreements are, therefore, unenforceable. c. The court ruled as a matter of law that such agreements are enforceable. d. The court ruled that such agreements are enforceable only if all other creditors are paid in full.

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Simulation models are limited to using standard probability distributions such as Poisson, exponential, normal, etc

Indicate whether the statement is true or false

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