The federal funds rate is also known as the overnight rate
Indicate whether the statement is true or false.
Answer: TRUE
Explanation: The federal funds rate (aka, overnight rate) is the rate that member banks charge each other to borrow money overnight from the funds they keep in the Federal Reserve accounts.
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Success at delivering customer value rests on how well a company's entire supply chain performs against competitors' supply chains
Indicate whether the statement is true or false
Explain the relevance of the following as they relate to building shareholder value via diversification.a. the industry attractiveness testb. the cost of entry testc. the better-off test
What will be an ideal response?
A sample of 24 observations is taken from a population that has 150 elements. The sampling distribution of 
is
A. approximately normal because 
is always approximately normally distributed.
B. approximately normal because the sample size is large in comparison to the population size.
C. approximately normal because of the central limit theorem.
D. normal if the population is normally distributed.
Higher flotation costs will result in all of the following EXCEPT
A) higher weighted average cost of capital. B) higher cost of retained earnings. C) higher cost of common equity when new common shares are sold. D) higher after-tax cost of debt.