The current rate of return on a one-year U.S. Government security is 3%. The rate of return on a two-year U.S
Government security is 5%. According to the expectations theory, what is the return on a one-year U.S.
Government security purchased one year from today?
$1,000 × 1.03 = $1,030 at the end of year one
$1,000 × (1.05)2 = $1,102.50 at the end of two years
$1,102.50 - $1,030 = $72.50 interest needed in year 2
$72.50/$1,030 = 7.04%
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What will happen to a celery stick that is placed in a glass of water?
A. Water will move out of the celery cells into the surrounding solution. B. Salts will move into the celery cells from the surrounding solution. C. Salts will move out of the celery cells into the surrounding solution. D. Water will move into the celery cells from the surrounding solution. E. None of these choices will occur.
On January 1, 2010, Belmont Corporation had 50,000 shares of $10 par value common stock issued and outstanding. All 50,000 shares had been issued in a prior period at $15 per share. On February 1, 2010, Belmont purchased 2,000 shares of treasury stock for $18 per share and later sold the treasury shares for $20 per share on March 2, 2010 . The entry to record the purchase of the treasury shares
on February 1, 2010, would be: a. Cash 36,000 Treasury Stock-Common 36,000 b. Cash 36,000 Treasury Stock-Common 30,000 Gain on Treasury Stock-Common 6,000 c. Treasury Stock, Common 30,000 Loss on Treasury Stock-Common 6,000 Cash 36,000 d. Treasury Stock, Common 36,000 Cash 36,000
Historically, _____ has described a preference for financial reporting such "that possible errors in measurement be in the direction of understatement rather than overstatement of net income and net assets."
a. conservatism b. reliability c. realization d. recognition e. relevance
Which of the following assertions is NOT true about a connector list?
A) A list is a tool for managing relationships. B) A list helps marketers reach the right audience with the right message. C) Each list contains two parts. D) Lists can be stored in a variety of formats. E) Lists are expensive to compile and update.