Which of the following is NOT an example of a bond that contains an option feature?

A) Callable bond
B) Putable bond
C) Convertible bond
D) These are all examples of bonds with option features.


Answer: D

Business

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Determine the March 2014 residual income for an investment center with the following information: Operating income for the month ended March 31, 2014 $5,180,000 Desired ROI 17% Actual ROI 28% Assets invested $18,200,000

A) $5,180,000 B) $3,094,000 C) $2,086,000 D) $8,806,000

Business

Budgets are computed using only ES times

Indicate whether the statement is true or false

Business

The target audience’s social media profile goes beyond the characteristics defined in the marketing plan. The market’s social profile should include all but which of the following elements?

a. Level of social media participation. b. Channels utilized. c. Product-usage characteristics. d. The communities in which they are active. e. Behavior in social communities.

Business

Theory Enterprises uses a standard cost system and prepared the following budget for May when 24,000 machine hours of activity were anticipated: variable overhead, $48,000; fixed overhead: $240,000. Actual data for May were:Standard machine hours allowed for output attained: 25,000Actual machine hours worked: 24,000Variable overhead incurred: $50,000Fixed overhead incurred: $250,000The standard variable overhead rate for May is:

A. $2.08. B. $3.00. C. $5.00. D. $2.00. E. $5.21.

Business