You expect a 3% rate of inflation to continue indefinitely into the future. A $10,000 vacation today will cost $________ twenty years from now. (Table or calculator required.)
A)
10,300
B)
14,988
C)
18,061
D)
42,944
C
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The dendrogram is read from right to left
Indicate whether the statement is true or false
A variety of employee stakeholder subgroups are recently beginning to receive more attention than they had historically. The book lists _____ as an example.
A. Millennial workers B. women executives C. lower socio-economic class workers D. blue collar workers
"Ted, I have some disturbing data," said, Amanda, Vice President of Human Resources. "Our company has suffered increases in turnover, absenteeism, lawsuits by employees and former employees, injury and illness claims, and customer complaints. About the only thing that hasn't increased is our productivity." Ted replied, "I have unfortunately come to recognize these workforce characteristics. They are a sign of
A. constitutionalism." B. self-determination." C. the equity theory." D. job dissatisfaction." E. procedural justice."
Three $1,000 face value, 10-year, noncallable, bonds have the same amount of risk, hence their YTMs are equal. Bond 8 has an 8% annual coupon, Bond 10 has a 10% annual coupon, and Bond 12 has a 12% annual coupon. Bond 10 sells at par. Assuming that interest rates remain constant for the next 10 years, which of the following statements is CORRECT?
A. Bond 8's current yield will increase each year. B. Since the bonds have the same YTM, they should all have the same price, and since interest rates are not expected to change, their prices should all remain at their current levels until maturity. C. Bond 12 sells at a premium (its price is greater than par), and its price is expected to increase over the next year. D. Bond 8 sells at a discount (its price is less than par), and its price is expected to increase over the next year. E. Over the next year, Bond 8's price is expected to decrease, Bond 10's price is expected to stay the same, and Bond 12's price is expected to increase.