When Walmart promises to purchase larger quantities if a manufacturer will lower its wholesale price, it is exhibiting ________ power.
A. knowledge
B. referent
C. legitimate
D. reward
E. coercive
Answer: D
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The business entity assumption means that a business is accounted for separately from other business entities, including its owner or owners.
Answer the following statement true (T) or false (F)
Colored stationery and exotic type fonts make your résumé more electronically readable
Indicate whether the statement is true or false
Listening is:
a. the same as hearing. b. the process by which we make sense out of what we hear. c. None of the answers are correct. d. a barrier to communication.
Taussig Corp.'s bonds currently sell for $960. They have a 6.35% annual coupon rate and a 20-year maturity, but they can be called in 5 years at $1,067.50. Assume that no costs other than the call premium would be incurred to call and refund the bonds, and also assume that the yield curve is horizontal, with rates expected to remain at current levels on into the future. Under these conditions, what rate of return should an investor expect to earn if he or she purchases these bonds?
A. 5.51% B. 6.72% C. 6.52% D. 5.98% E. 7.46%