Assume that all interest rates in the economy decline from 10% to 9%. Which of the following bonds would have the largest percentage increase in price?
A. A 1-year bond with a 15% coupon.
B. A 3-year bond with a 10% coupon.
C. A 10-year zero coupon bond.
D. A 10-year bond with a 10% coupon.
E. An 8-year bond with a 9% coupon.
Answer: C
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Which of the following would not be reported in the cash receipts journal?
a. a cash sale; b. loan proceeds; c. a withdrawal by the owner; d. a customer payment of the balance due; e. bank credit card sales.
When merchandise is sold and the periodic system of inventory is used, the journal entry for a sale could include
a. debiting Accounts Receivable and crediting Sales; b. debiting Accounts Receivable and crediting Merchandise Inventory; c. debiting Cost of Goods Sold and crediting Merchandise Inventory; d. debiting Cost of Goods Sold and crediting Sales; e. A & C
Which of the following best describes the goals of persuasion?
A) Attempting to get the audience to purchase your product B) Attempting to change an audience's attitudes, beliefs or actions C) Presenting the audience with a choice D) Using a neutral buffer to attract the people to the product E) Using the indirect format to have people change their minds now, or at some point in the future
Compare the necessary elements in the introduction of a report to those of a proposal
What will be an ideal response?