Paragraphs are coherent when
A) all sentences are written in the active voice

B) each sentence includes dependent and independent clauses.
C) ideas are linked; that is, one idea leads logically to the next.
D) All answer choices are correct.


C

Business

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According to the textbook, ethics ______.

A. doesn’t always give a clear answer to a moral question B. correlates 100% with business profits C. is never a matter of perception D. is the third most important aspect of leadership

Business

Treasury securities that mature in 6 years currently have an interest rate of 8.50 percent. Inflation is expected to be 5 percent in each of the next three years and 6 percent each year thereafter. The maturity risk premium is estimated to be 0.10% × (t - 1), where t is equal to the maturity of the bond (i.e., the maturity risk premium of a one-year bond is zero). The real risk-free rate is assumed to be constant over time. What is the real risk-free rate of interest?

A. 5.50% B. 0.50% C. 1.00% D. 1.75% E. 2.50%

Business

Which of the following statements is CORRECT?

A. The capital structure that maximizes expected EPS also maximizes the price per share of common stock. B. The capital structure that minimizes the interest rate on debt also maximizes the expected EPS. C. The capital structure that minimizes the required return on equity also maximizes the stock price. D. The capital structure that minimizes the WACC also maximizes the price per share of common stock. E. The capital structure that gives the firm the best bond rating also maximizes the stock price.

Business

Paul has a contract to sell i-watches to a Jo Ann in Vietnam, and enter into a contract to purchase the i-watches from Gregory in Silicon Valley. The Vietnam Government banned i-watches imported into the country. Consequently, Paul cancels the contract with Gregory. Is "frustration of purpose" recognized in the United States?

A) Breach of contract B) Recognized in the United States C) Generally not recognized in the United States D) Anticipatory repudiation

Business