The subprime mortgage market grew :

a. From $35 billion to $40 billion from 1994 to 2004.
b. From $35 billion to $85 billion from 1994 to 2004.
c. From $35 billion to $401 billion from 1994 to 2004.
d. None of the above


.C

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A physician endorsing a specific brand of medicine would have a high level of:

A) attractiveness B) likeability C) expertise D) personality

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Which one of the following is not considered to be a cash equivalent?

a. Corporate commercial paper due in 90 days after purchase b. U.S. Treasury bills with an original maturity of six months c. A money market account with a stock brokerage firm d. A certificate of deposit with a term of 75 days when acquired

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Nathan writes his classroom speech in plenty of time, but he doesn’t practice it until the night before the speech is due. He works until after midnight to put the finishing touches it on his keyword outline, and then he practices the speech six times. What is likely to be the result of Nathan’s speech preparation technique?

a. He will be more nervous than if he had spread out his practice sessions. b. His performance will suffer because he will forget what he wants to say. c. He will deliver his speech in an unnatural way because he has memorized it. d. He is likely to have trouble conveying enthusiasm because he is tired.

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Resnick Inc. is considering a project that has the following cash flow data. What is the project's payback?  Year 0     1   2   3   Cash flows -$475 $200 $200 $200

A. 2.61 years B. 1.97 years C. 2.42 years D. 2.26 years E. 2.38 years

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