A change in market conditions causes the market price of a bond to change because of changes in the bond's:
A. coupon rate.
B. current (interest) yield.
C. yield to maturity.
D. principal value.
E. maturity value.
Answer: C
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A liability would not include an obligation to
a. transfer assets. b. hire an employee. c. pay cash. d. provide services.
Working capital measures
a. the excess of current assets over current liabilities—what is on hand to continue business operations. b. the ability to earn a satisfactory income. c. the amount of debt in the company. d. the profitability of the business.
If an organization is typified and dominated by one point of view, reinforced through a strong organizational culture and little, if no, resistance then _____________ is said to have occurred.
a. Organizational empowerment b. Organizational hegemony c. Organizational resistance d. Organizational domination
List some of the characteristics of a well-managed small business.
What will be an ideal response?