Suppose an investor purchases a one-year bond today, for $960. The bond promises a return of $1,000. She purchases another one-year bond, after a year, for $887 that promises a return of $990. What is the yield to maturity earned by the investor on the purchase of these two short-term bonds??
A. ?6.50 percent
B. ?7.85 percent
C. ?8 percent
D. ?10 percent
Answer: B
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Which of the following best describes the implementation phase of the systems development life cycle?
A. The new system is developed, tested, and placed into production. B. Upgrades to the operational system are installed and tested. C. Detailed specifications are laid out for the new system, including screen layouts and business process diagrams. D. The company conducts a variety of feasibility studies on the new system.
An advantage of the use of a wireless scanner in conjunction with a radio frequency identification tag (RFID) over a Universal Product Code (UPC) is its _____
a. ability to scan a package without lifting it b. tie-in to speech recognition c. lower hardware costs d. lower software costs
Co-ownership of the means or instrumentality of accomplishing a single business transaction or a limited series of transactions ordinarily results in a:
a. partnership. b. joint venture. c. corporation. d. R & D partnership.
Anna Fritzwater has died leaving three children, Bob, Carol and Ted. Her fourth child, Alice, died three years earlier. Bob and Carol each have two children. Alice left three children. Anna's will provides that her heirs share her estate per capita. Under her will: A)?Bob, Carol and Ted each get a one-third interest
B)?Bob, Carol, Ted, their children and Alice's children each get a one-tenth interest. C)?The lines of Bob, Carol and Ted each get a one-fourth interest to share and Alice's children each get one-twelfth. D)?Bob, Carol and Ted each get a one-fourth interest and Anna's grandchildren, including Alice's children, split a one-fourth interest.