If a 20-year bond pays interest of 8 percent semiannually, the present value of the bond is calculated based upon 4 percent and 20 periods

Indicate whether the statement is true or false


False

Business

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Foreign limited partnerships do not have to operate in another country to be identified as "foreign."

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

Business

The second derivative tells about the slope of the first derivative

Indicate whether the statement is true or false

Business

Babson reported assets of $13,362 million at January 1 and $13,369 million as of December 31 of the current year. Babson's net cash flows from operations were $2,204 million. Calculate the cash flow on total assets ratio for Babson.

What will be an ideal response?

Business

For the previous year, Marilyn's Italian Restaurant had a total of $320,000 in expenses and $295,000 in revenues. Marilyn's

A. had a net income of $325,000 for the year. B. had a net loss of $25,000 for the year. C. lost $25,000 in revenues. D. acquired an additional $295,000 in assets. E. increased its stockholders' equity by $25,000.

Business