If you want to reduce the price volatility of your bond portfolio, you should shorten the time-to-maturity of your portfolio
Indicate whether the statement is true or false.
Answer: TRUE
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Hunter's, Inc reported a balance of $1,410 in its cash account at the end of the month. There were $1,200 of deposits in transit and $1,150 of checks outstanding. The bank statement showed a balance of $1,510, service charges of $70, and the collection of a note plus interest. The note had a face value of $170. How much interest did the bank collect for the company?
A) $ 30 B) $ 50 C) $290 D) $390
Which of the following is not an objective of product costing systems?
a. To provide information for cost planning b. To assist in the preparation of the income statement c. To determine the optimal amount of products to manufacture d. To provide information for product pricing
A downside to ________ is that if used too frequently, consumers become conditioned to purchase the product only at the lower promotional price
A) promotional products B) a merchandising allowance C) contests D) premiums E) price-based consumer sales promotion
The sales director of RealPlan has observed that during the selling process the sales team primarily focuses on promoting product features and benefits to customers
Although the sales team has a high closure rate of initial sales, the team has a low rate of repeat business. Which stage of the typical buying process should RealPlan salespeople most likely focus on to improve customer retention rates? A) needs awareness B) building rapport C) presentation skills D) purchase procedures E) self-actualization