Five years ago Rogue Construction Inc. issued 20-year maturity fixed-rate bonds at par with a 10% coupon rate. Today those same bonds carry a 14% yield to maturity. Which of the following statements about this bond issue could be TRUE?
A) Since issue, the economy-wide rate of inflation has increased.
B) The market believes there is greater risk associated with this bond than at the issue date.
C) Both A and B may be true.
D) Neither A nor B could be true.
C
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A. MODE.MULT B. MODE.SNGL C. MODE D. MODES
Answer the following statements true (T) or false (F)
1. People in closed-culture organizations respond better to customer needs. 2. Folkways are the habitual ways in which organizational members act or think, without reflecting on them. 3. Leaders in successful hospitality organizations stress a difference between top management and line-level employees and do not provide easy two-way communications. 4. Only walking around allows hospitality managers to see whether the quality of guest experiences is up to standard.
According to managers, the number one consideration in hiring someone is his or her ability to communicate orally
Indicate whether the statement is true or false.
If a company’s production process is not aligned with the volume and variety demanded of the product, then ______.
a. the company has made a bad decision with regard to choice of process b. the company needs to stop production c. the company needs to find a new market for its product d. the company needs to offshore its production