The ownership of property by two or more persons who have equal interests in the property with rights of joint survivorship is:
a. a life estate
b. a fee tenancy
c. a tenancy in common d. a fee common
e. none of the other choices
e
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Which statement is not true about correlation matrices?
A) Usually only the lower portion of the matrix is considered. B) The diagonal elements all equal 0. C) A correlation matrix indicates the coefficient of correlation between each pair of variables. D) The upper triangular portion of the matrix is a mirror image of the lower triangular portion.
You have decided to evaluate the following bonds to include in your portfolio:
a) Determine the invoice price, the accrued interest, and the quoted price of each bond. Find the quoted price as the difference between the invoice price minus the accrued interest and verify this result using the PRICE function.
b) Determine the yield to call on these bonds if the time to first call and the call premium for each one of them are the following:
f) Determine the duration, modified duration, and convexity of these bonds.
g) Create a chart that shows the relationship of theses bond’s convexity to your required return. Use a range of 1% to 15% in calculating the convexity.
Discuss the most effective ways to use text messaging in business
What will be an ideal response?
Janessa Inc., a reputed brand for fine art supplies, is implementing an international strategy. Slalom Corp., a maker of mini computer tablets, is pursuing a global-standardization strategy. Which of the following statements most likely holds true in this scenario?
A. Slalom is exposed to greater risks of exchange rate fluctuations. B. Slalom's business functions are highly centralized, whereas Janessa. organizes its activities worldwide. C. Slalom Corp. focuses more on cost-reductions when compared to Janessa Inc. D. While Janessa Inc.'s competitive advantage lies in its high local responsiveness, Slalom Corp. will lack such capabilities.