If a bond sells for its par value, the coupon interest rate and yield to maturity are equal
Indicate whether the statement is true or false
TRUE
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Maria just purchased a new cell phone and is struggling to understand how to download apps. Juan, Maria’s son, has been downloading apps for years and teaches his mother how to do so. According to the text, Juan can be considered a ______, while Maria can be considered a ______.
a. tech savant; novice b. digital instructor; digital learner c. digital native; digital immigrant d. digital immigrant; digital native
The state of Idaho has a two-year statute of limitations for personal injury actions. Graham was injured by Alice in a car accident on January 1, 2013. If Graham wants to bring a lawsuit against Alice on January 15, 2015, which of the following is most likely to be the outcome?
A. Graham is allowed to sue Alice after appealing for an extension of the statute of limitations. B. Graham is not allowed to sue Alice, having lost his right to sue her. C. Graham can sue Alice but will not receive damages. D. Graham can sue Alice but is not entitled to a jury trial.
Under MACRS, an asset which originally cost $10,000 is being depreciated using a 5-year normal recovery period. What is the depreciation expense in year 3?
A) $1,900 B) $1,200 C) $1,500 D) $2,100
Felicity brought a lawsuit under Section 11 of the 1933 Act against Mojo Corp What will Felicity have to prove in order to prevail?
A)Only that she relied on the registration statement B)That Mojo was negligent in preparing the registration statement C)That there was a material misstatement or omission in the registration statement and she lost money D)That Mojo intentionally tried to deceive investors