Securities are made up of

a. stocks.
b. bonds.
c. mutual funds.
d. (All of these)


d

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Out of the three predominant types of orientations that a leader might have, the one that involves a broad sense of both responsibility and accountability is ______.

a. traditional economist b. traditional leadership c. opportunity seeker d. integrator

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Which of the following statements is not correct concerning the elements of the cash conversion cycle time?

A. Lean manufacturers may reduce the total cash conversion cycle time. B. Effectively managing working capital is important for businesses to survive and profit. C. The higher the number of days in the cash conversion cycle, the more efficiently the company is managing its cash. D. The cash conversion cycle measures the average time it takes to convert cash outflows into cash inflows from customers. E. The cash conversion cycle is based on accounts receivable, accounts payable, and inventory.

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The prices of 1, 2, 3, and 4-year zero coupon government bonds are 95.42, 90.36, 85.16, and 78.81, respectively. What is the continuously compounded 3-year zero yield?

A) 5.35% B) 5.85% C) 6.12% D) 6.40%

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Factors that lead to worsening conditions in financial markets include

A) increases in interest rates. B) declining stock prices. C) increasing uncertainty in financial markets. D) all of the above. E) only A and B of the above.

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