To compute the price to pay for a bond, you use
a. only the present value of $1 concept.
b. only the present value of an annuity of $1 concept.
c. both of these.
d. neither of these.
C
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Unless the form provides for a longer period, a proxy is valid for how long under the Model Act?
a. 90 days b. six months c. 11 months d. one year
A footwear company specializing in the production of ballet shoes normally produces shoes for women. The company is hired by several customers to produce shoes for men. Which of the following should the manufacturer consider in order to achieve economies of scale in shoe production?
A. the amount of shoe production cost compared to the typical costs incurred in shipping B. the amount of shoe storage cost compared to the typical costs incurred in shipping C. the cost associated with efforts to increase customers that might also place orders for men's shoes D. the cost of producing one type of shoe at a time in large quantities and storing them for future sales E. the level of effort required to retool the company's manufacturing plant to produce only men's shoes
Roth and Starr are shareholders of Triumph Hotel Corporation. Triumph's directors fail to declare a dividend. Roth and Starr could succeed in asking a court to order the directors to meet and declare a dividend
A. if Triumph has sufficient earnings available to pay a dividend. B. if Triumph has cash reserves earmarked for a different purpose. C. if withholding a dividend is an abuse of the directors' discretion. D. under no circumstances.
The ways in which women communicate emphasize
A. similarities. B. team spirit. C. status differences. D. individual strengths. E. companionship.