Citizens have always been afforded freedom of speech after the ratification of the U.S. Constitution

a. True
b. False


B

Business

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The ________ of a business is made up of all the activities that occur within the organizational functions of the business

A) marketing environment B) internal environment C) microenvironment D) macroenvironment E) external environment

Business

While some businesses have been granted charters under state laws, most businesses receive their charters under federal laws

Indicate whether the statement is true or false

Business

Deflation is an economic condition in which prices fall steadily throughout the economy

Indicate whether the statement is true or false.

Business

Suppose the desired put options with X = 50 were traded. How much would it cost to purchase?

You would like to hold a protective put position on the stock of Avalon Corporation to lock in a guaranteed minimum value of $50 at year-end. Avalon currently sells for $50. Over the next year, the stock price will increase by 10% or decrease by 10%. The T-bill rate is 5%. Unfortunately, no put options are traded on Avalon Co. A. $1.19 B. $2.38 C. $5 D. $3.33

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