The yield to maturity

A)

equates a bond's price with the sum of its discounted cash flows.
B)

is the rate earned over the life of the bond.
C)

must be higher than the coupon rate.
D)

must be lower than the coupon rate.


A

Business

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It is believed that the initiatives of business to expose students to the concepts and expressions of the socialization of capitalism will:

A) rapidly change social demands on the non-profit sector business environment B) change the ways students think about the relationships between business and society C) generate a higher level of media scrutiny in academia D) result in higher levels of funding for post-secondary institutions E) be ineffective in meaningfully alter student's behaviour

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The assignment of part of a manager's work and authority to a worker is called

A. delegation. B. responsibility. C. authorization. D. accountability. E. relegation.

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Which of the following statements is true of the classification system as a job-evaluation method?

A. It can easily accommodate changes in the value of various individual jobs in an organization. B. It is difficult to construct. C. It assumes that a flexible relationship exists between job factors and their value to an organization. D. It is difficult to communicate to employees.

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An example of a vertical arrangement that manufacturers impose on their retailers is:

a. a territorial restriction b. a service restraint c. a customer restriction d. a territorial restriction or a customer restriction e. none of the other choices, since all are per se illegal

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