A perpetuity pays $100 each and every year forever. The duration of this perpetuity will be __________ if its yield is 9%.

A. 7
B. 9
C. 9.39
D. 12.11


D. 12.11



Business

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During the ____________ revolution in the 1950s, the government nationalized foreign-owned property without compensation.

Fill in the blank(s) with the appropriate word(s).

Business

The purposes of a defensive strategy do not include

A. decreasing the risk of being attacked. B. helping protect a competitive advantage. C. weakening the impact of any attack that occurs. D. pressuring challengers to aim their efforts at other rivals. E. increasing the risk of having to defend an attack.

Business

They is an example of a(n) ____ pronoun

A) objective-case B) subjective-case C) possessive-case

Business

Qiana writes a check to Payday Loans, Inc, in an amount that represents half of her debt to the lender. On the back of the check, Qiana includes the words "payment in full.". Payday agrees to accept the lesser sum and cashes the check. This dis¬charges the entire debt

a. if the debt is liquidated. b. if the debt is past due. c. if the debt is unliquidated. d. under no circumstances.

Business