The first state court to consider the issue of same sex marriages was:
a) Vermont
b) Massachusetts
c) California
d) Hawaii
e) NOTA
D
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The world's five largest malls are in Asia
Indicate whether the statement is true or false
In general, company retail auditors are appropriate when specialists with knowledge about store strategies and policies are required
Indicate whether the statement is true or false
Interstate Transport has a target capital structure of 50% debt and 50% common equity. The firm is considering a new independent project that has a return of 13% and is not related to transportation. However, a pure-play proxy firm has been identified that has a beta of 1.34. Both firms have a marginal tax rate of 40%, and Interstate's before-tax cost of debt is 12%. The risk-free rate is 10% and the market risk premium is 6%. The firm should:
A. Be indifferent between accepting or rejecting; the firm's required rate of return on the project equals its expected return. B. Accept the project; its return exceeds the risk-free rate and the before-tax cost of debt. C. Accept the project; its return is greater than the firm's required rate of return on the project of 12.62%. D. Reject the project; its return is less than the firm's required rate of return on the project of 16.9%. E. Reject the project; its return is only 13%.
Select the true statement concerning test marketing.
A. Test marketing is simply an extension of the screening and developing stages. B. Test marketing should be conducted after all the marketing mix variables have been finalized. C. Test marketing is a limited introduction of the product in areas chosen to represent the intended market. D. If the product is successful in the test market, then it is ensured of success upon total introduction. E. Large corporations usually launch test-marketing efforts in one small area at a time.