The Fair Credit and Charge Card Disclosure Act prohibits issuing credit cards without the consumer's consent
Indicate whether the statement is true or false
True
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Which of the following would be classified under generality in intangibility?
a. Safety. b. A hamburger. c. An airline seat. d. Facility appearance. e. Expert advice.
Why Is Introduction to MIS the Most Important Class in the Business School?
What will be an ideal response?
Congratulations! You are the proud winner of the multi-state Sour Ball Lottery. You are to receive
$2,000,000 at the end of each year for the next 20 years. While the Lottery Commission refers to this as a $40,000,000 jackpot, if you choose the "cash option" they will give you much less than that; you can receive a lump sum payment today equal to the present value of the ordinary annuity instead of the 20 annual payments. If the discount rate that the Lottery Commission uses to determine the lump sum payoff is 7%, what is your payoff if you select the cash option? A) $26,945,332 B) $42,977,401 C) $21,188,028 D) $39,707,503
CISCO System's stock has a correlation with the market of 0.65. CISCO's standard deviation of returns is 45% and standard deviation of the market is 20%. What is CISCO System's beta?
A) 0.29 B) 0.85 C) 1.19 D) 1.46 E) 1.76