The first step for most firms that are venturing into online marketing involves sending promotional e-mails
Indicate whether the statement is true or false
FALSE
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Which of the following statements about the minimum wage is accurate?
a. Free market advocates support higher minimum wages to keep the labor force healthy. b. States can establish their own minimum wages, but only if they are higher than the federal minimum wage. c. The federal minimum wage is generally determined based on what is believed to be a living wage. d. In 2015, about 12.6 million workers were paid a minimum wage.
Value creation during the transactional sale is considerable
Indicate whether the statement is true or false
Which of the following statements is CORRECT?
A. An example of an externality is a situation where a bank opens a new office, and that new office causes deposits in the bank's other offices to increase. B. The NPV method automatically deals correctly with externalities, even if the externalities are not specifically identified, but the IRR method does not. This is another reason to favor the NPV. C. Both the NPV and IRR methods deal correctly with externalities, even if the externalities are not specifically identified. However, the payback method does not. D. Identifying an externality can never lead to an increase in the calculated NPV. E. An externality is a situation where a project would have an adverse effect on some other part of the firm's overall operations. If the project would have a favorable effect on other operations, then this is not an externality.
If the yield to maturity (the market rate of return) of a bond is less than its coupon rate, the bond should be:
A. selling at a discount; i.e., the bond's market price should be less than its face (maturity) value. B. selling at a premium; i.e., the bond's market price should be greater than its face value. C. selling at par; i.e., the bond's market price should be the same as its face value. D. a floating-rate bond yielding market adjusted interest. E. an indexed bond that adjusts interest payments on the basis of an inflation index.