A local bank is offering a zero-coupon certificate of deposit for $25,000. At maturity, three years from now, the investor will receive $32,000. What is the rate of return on this investment?
A) 3 percent
B) 6 percent
C) 9 percent
D) 12 percent
C
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The journal entry to record the cost of warranty repairs that were incurred during the current period, but related tosales made in prior years, includes a debit to Warranty Expense
a. True b. False Indicate whether the statement is true or false
Answer the following statements true (T) or false (F)
1. Comprehensive listening is more demanding than critical listening because comprehensive requires both listening to the message and analyzing its content. 2. Critical listening requires offering empathy and support to another person. 3. The key to appreciative listening is putting aside biases against what is being shared. 4. Appreciative listening does not necessarily involve a communication exchange with another person. 5. HIRIER is the acronym for the six-step process of hearing.
The primary activity of manufacturing companies is to purchase goods from a wholesaler and resell them
Indicate whether the statement is true or false
Which of the following are advantages of the buy and hold strategy?
I. rapid accumulation of wealth II. low transaction costs III. capital gains taxed at the long-term rate IV. portfolio requires less time and energy to manage than for most other strategies A) I and II only B) II and III only C) II, III and IV only D) I, II, III and IV