Zero-coupon bonds maturing in 1, 2, and 3 years have prices of 0.9020, 0.8320, and 0.7620, respectively. What is the implied forward rate from year 2 to year 3?
A) 7.94%
B) 9.19%
C) 09.68%
D) 10.21%
B
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Answer the following statements true (T) or false (F)
1. The cultural dimensions of masculinity and femininity are almost completely conveyed and achieved through communication behaviors and choices. 2. A culture that values speed and results over a persistent and focused approach has a short-term time orientation. 3. We never truly understand the complexity of our own culture until we compare it with other cultures. 4. Perception checking is only possible with a direct approach. 5. Some organizations are putting in place training for cultural competence in order to increase cultural sensitivity, tolerance, and appreciation of diversity in the workplace.
Sometimes a value is assigned to the shares in the articles of incorporation. This arbitrary amount is known as projected value.
Answer the following statement true (T) or false (F)
The discount rate used in net present value calculations is the company's minimum rate of return
Indicate whether the statement is true or false
Savings and loan associations
A) were established by Congress to encourage home ownership. B) initially were not permitted to accept demand deposits. C) held about 85 percent of their assets in the form of mortgages prior to the Great Depression. D) are all of the above. E) are only A and B of the above.