The closest approximation to the real, risk-free rate of interest is

A) the short-term Treasury bill rate plus the inflation rate.
B) the short-term Treasury bill rate minus the inflation rate.
C) the 10 year Treasury bond rate minus the inflation rate.
D) the 10 year Treasury bond rate minus the 1 year Treasury bill rate.


Answer: B

Business

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As the marketing manager of a company that manufactures floor tiles, Evans Smith is given a target to achieve 500 new customers by the end of summer

He decides to search the market for probable customers who might use the product but do not at present. Which of the following strategies is Evans pursuing to increase the market demand for his product? A) market-penetration strategy B) new-market segment strategy C) geographical-expansion strategy D) needs-assessment strategy E) consolidation strategy

Business

Which of the following situations is not a segregation of duties violation?

a. The purchasing department initiates purchases when the purchasing supervisor determines inventory levels are too low. b. The warehouse clerk, who has the custodial responsibility over inventory in the warehouse, keeps the official inventory records. c. The sales manager has the responsibility to approve credit and the authority to write off accounts. d. The accounting clerk who shares the record keeping responsibility for the accounts receivable subsidiary ledger performs the monthly reconciliation of the subsidiary ledger and the control account. e. All of these are segregation of duty violations.

Business

Public relations firms are monitored most closely in which of the following?

A. China C. United States B. Asia D. Russia C. Europe

Business

Nurix, Inc. sold goods on credit terms n/20 to Jelly Harper, Inc. This means no discounts are offered, and the amount of the invoice is due 20 days after the invoice date

Indicate whether the statement is true or false

Business