A $1,000 par value 14-year bond with a 10 percent coupon rate recently sold for $965. The yield to

maturity is

A) 10.49%. B) 10.00%. C) 6.50%. D) 8.87%.


A

Business

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To scroll through a worksheet,

A) click on the scroll box and drag it B) click the up and down arrows on the scroll bar C) click the area above or below the scroll box D) all of the above

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The Government in the Sunshine Act covers all but which of the following agencies?

a. Consumer Product Safety Commission. b. Commodity Futures Trading Commission. c. Environmental Protection Agency. d. Securities and Exchange Commission.

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Coca-Cola is taking advantage of the new willingness of Chinese leaders to engage in international trade by marketing its soft drinks in China. What type of opportunity is Coca-Cola pursuing?

A. product reorientation B. product development C. market penetration D. market development E. diversification

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Increasing the quality level by better products and processes may:

A) allow a company to raise the price of the product. B) move a company closer to a competitive priority of price. C) reduce prevention costs. D) ensure that the trade-off between prevention costs and other costs of poor quality is worthwhile.

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