If an investor's holding period is longer than the term to maturity of a bond, he or she is exposed to

A) interest-rate risk.
B) reinvestment risk.
C) bond-market risk.
D) yield-to-maturity risk.


B

Business

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__________ is the tendency for people with strong prior beliefs, when confronted with a choice, to make their decisions based on their beliefs even if their beliefs are false.

A. Prior-hypothesis bias B. Narrow-minded perception C. Tunnel vision bias D. The curse of knowledge E. Single-vision stereotyping

Business

Answer the following statements true (T) or false (F)

1. To help prevent theft by the sales clerk, at the end of each day, the manager proves the cash by comparing the cash in the drawer against the cash register&#s record of cash sales. 2. To ensure that there is no collusion between the manager and sales clerks, the accounting department employees deposit the cash in the bank and use the deposit slip to prepare the journal entry for cash receipts and sales revenue. 3. As a part of the internal control over cash receipts by mail, the mailroom sends both the customer checks and the remittance advices to the accounting department. 4. Regarding controls over cash receipts by mail, the accounting department should prepare the deposit ticket from the remittance advices. 5. For strong controls over cash receipts, the checks to be deposited should be sent to the treasurer, and the remittance advices should be sent to the accounting department.

Business

The shadow price for a positive decision variable is 0

Indicate whether this statement is true or false.

Business

The dimension of project success that is realized last (chronologically) is:

A) Future potential. B) Business success. C) Impact on the customer. D) Efficiency.

Business