Which of the following is true of a repurchase agreement?
A) It results from a bank guarantee of a business transaction; sold at discount from maturity value.
B) It provides a return slightly below that obtainable through outright purchase of similar marketable securities.
C) It is issued by professional portfolio management companies.
D) Its maturity period lies between 1 to 10 years.
B
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The following information is available about the Appliance Division of Rainier Company.Rainier requires a return of 9% from all divisions. Appliance Division Earnings from Operations$18,462,000 Appliance Division Sales$112,600,000 Appliance Division Identifiable Assets$173,700,000 Required:a. Compute the ROI for the Appliance Division.b. Compute the residual income for the Appliance Division.
What will be an ideal response?
Management by exception-active is ______.
A. a form of transformational leadership B. the non-leadership factor C. a form of transactional leadership D. more effective than contingent reward
What percentage of the population use a mobile device to research products online before purchasing?
A. about 25% B. about 33% C. about 50% D. about 75%
Which of the following is a permissible IRA investment alternative?
A) mutual funds B) fine art C) antiques D) life insurance