Who among the following is considered a statutory insider?
A) Sharon Muller, an editor who was tipped by her friend to buy shares of KYU Corp.
B) Robert Morgan, a government employee who owns 10 percent of all equity security of KYU Corp.
C) Jim Downey, a graphics engineer who quit KYU Corp. after five years of service
D) Kate Harris, a legal consultant to KYU Corp.
B
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A 10-year bond with a 9% annual coupon has a yield to maturity of 8%. Which of the following statements is CORRECT?
A. The bond is selling below its par value. B. The bond is selling at a discount. C. If the yield to maturity remains constant, the bond's price one year from now will be lower than its current price. D. The bond's current yield is greater than 9%. E. If the yield to maturity remains constant, the bond's price one year from now will be higher than its current price.
Leasehold improvements become the property of the lessor at the end of the lease
Indicate whether the statement is true or false
Maria lost her job. Unable to find work in her chosen field, she decides to start her own business. What type of entrepreneur is she?
a. necessity-based entrepreneur b. nascent entrepreneur c. established business owner d. potential entrepreneur
What prevents the market system from achieving a clean environment on its own?
a. Externalities. b. Inefficiently managed business. c. Remainders. d. SIPs.