Takeshi, a 17-year-old high school student, wants to buy a pack of Marlboro Lights. He has the money to purchase them, but he is still not considered to be a market for the product due to his lack of ____ to buy.

A. ability
B. willingness
C. authority
D. need
E. buying power


Answer: C

Business

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Write the word form: 75.6100

A) Seventy-five, six thousand and one hundred ten thousand B) Seventy-five, six thousand and one hundred ten thousandths C) Seventy-five and six thousand one hundred ten thousandths D) Seventy-five and sixty-one tenths

Business

A company issues a callable (at par) ten-year, 6% coupon bond with annual coupon payments. The bond can be called at par in one year after release or any time after that on a coupon payment date

On release, it has a price of $104 per $100 of face value. What is the yield to maturity of this bond when it is released? A) 0.60% B) 1.92% C) 4.00% D) 5.47%

Business

________ bonds are bonds that mature at more than one date, often in a series, and thus are usually repaid over a number of periods.

What will be an ideal response?

Business

A(n) __________________________ is an organization that provides financial, technical and managerial assistance to small businesses

a. Small Business Association b. SCORE c. Business incubator d. The United States government

Business