Though field service firms specialize in conducting interviews on subcontracted basis, they also provide focus group facilities

Indicate whether the statement is true or false
a. True
b. False


ANSWER: True

A field service firm specializes in interviewing respondents on a subcontracted basis. Besides conducting interviews, field service firms provide focus group facilities, mall intercept locations, test product storage, and kitchen facilities to prepare test food products.

Business

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Banister Company wishes to issue $600,000 of 10-year, 7% bonds, with interest paid annually at the end of the year. The market rate of interest is currently 5%. What information is needed in order to determine the issue price of the bond?

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Answer the following statement true (T) or false (F)

Business