Bernice files a petition in bankruptcy. The initial proceeding on this petition will be in

A. a federal bankruptcy court.
B. a state bankruptcy court.
C. the highest court in the state in which Bernice is located.
D. the United States Supreme Court.


Answer: A

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Two resources often in short supply for entrepreneurs are:

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Nystrand Corporation's stock has an expected return of 12.25%, a beta of 1.25, and is in equilibrium. If the risk-free rate is 5.00%, what is the market risk premium?

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