If bonds are issued at a premium, the face interest rate is
A) lower than the market rate of interest.
B) higher than the market rate of interest.
C) too low to attract investors.
D) adjusted to a higher effective rate of interest.
B
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The most accurate statement about the Robinson-Patman Act is
a. It has rarely been enforced in recent years. b. The U.S. government has stepped up its enforcement during the last decade. c. It has been declared unconstitutional. d. It was repealed by Congress in 1998.
Two non-competing global firms meet quarterly to discuss multiple perspectives on world trends. This is an example of how to improve
A. internal scanning. B. financial returns. C. perceptual acuity. D. stakeholder management.
Medicare's prescription drug plan:
A) has a $50 deductible B) may negotiate with pharmaceutical companies to get lower medication prices C) must, by law, negotiate with pharmaceutical companies to get lower medication prices D) has a corridor deductible besides a regular deductible
When the Federal Reserve was created, its most important role was intended to be
A) a storage facility for the nation's gold. B) a lender of last resort. C) a regulator of bank holding companies. D) none of the above.