A $1,000 par value bond with a 12% coupon rate currently selling for $825 has a current yield of
A) 14.55%.
B) 12.44%.
C) 7.27%.
D) 5.61%.
Answer: A
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Mr. Booth owns the local Ford dealership and recently filmed an advertisement where he talks about the deals consumers can obtain at his dealership. For this type of ad, Mr. Booth is which type of endorser?
A) celebrity B) CEO C) expert D) typical person
If a manager knows one of her subordinates has low self-esteem and wishes to enhance it, she should
A. provide frequent reminders about improving weaknesses. B. avoid delegating work to this subordinate. C. redesign the work so that it is routine and structured. D. avoid giving feedback. E. express confidence in the employee's abilities to complete given tasks.
Annette contemplates enacting stricter sanctions and punishments for violations of safety standards at The Burger Joint. Alternatively, she considers implementing a reward system, such as bonuses or vacation time for low injury rates. Annette has accomplished which step of the decision-making model?
A. generate multiple alternatives B. identify and weigh decision criteria C. choose, implement, and evaluate the best alternative D. rate alternatives on the basis of decision criteria
When Myrtle comes home from work one evening, she finds that her yard has been mowed and trimmed. Later, a man comes to collect for the yard work done. Myrtle refuses to pay for the work since she has never seen the man before and did not hire him to do her yard work. Which of the following answers is most accurate?
A) This is an implied, unilateral contract and she must pay the price requested by the man. B) This is an express, voidable contract that either party may avoid. C) The court would order Myrtle to pay the reasonable value of the yard work because of the benefit conferred on her. D) Myrtle would not have to pay for the yard work.