Which of the following is an example of a dichotomous variable?

a) True/false
b) Strongly agree/ agree/ disagree/ strongly disagree
c) Low/ medium/ high
d) 18 /19 /20/ 21/ 22


a) True/false

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Exchange rate shifts that cause the Sing$ to be weaker versus the Brazilian real

A. make the export of footwear from Asia-Pacific plants to Latin America less competitive and give rise to negative/favorable exchange rate cost adjustments. B. make the export of footwear from Asia-Pacific plants to Latin America less competitive and give rise to positive/unfavorable exchange rate cost adjustments. C. make the export of footwear from Asia-Pacific plants to Latin America more competitive and give rise to negative/favorable exchange rate cost adjustments. D. make the export of footwear from Asia-Pacific plants to Latin America less competitive and give rise to negative/unfavorable exchange rate cost adjustments. E. None of the above is correct

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If a corporation has an average tax rate of 40 percent, the approximate, annual, after-tax cost of debt for a 15-year, 12 percent, $1,000 par value bond, selling at $950 is ________

A) 10 percent B) 10.6 percent C) 7.7 percent D) 6.0 percent

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The number of outstanding shares of common stock is always greater than or equal to the number of authorized shares of common stock

Indicate whether the statement is true or false

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