For any number of compounding periods per year greater than 1, EAR will always be greater than the APR
Indicate whether this statement is true or false.
Answer: TRUE
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If bonds are issued at a discount, it means that the
a. bondholder will receive effectively less interest than the contractual rate of interest b. market interest rate is lower than the contractual interest rate c. market interest rate is higher than the contractual interest rate d. financial strength of the issuer is suspect
The creation of the European Union has benefited marketers wanting to enter Europe because they now have access to a homogeneous market consisting of 27 countries
Indicate whether the statement is true or false
Large quantities of office supplies have been disappearing at Acme Global. Leticia is convinced that her employee Jorani is behind the thefts because she once ran into Jorani at the bank and saw her using a pen like the ones in the office. Leticia calls Jorani to her office and tells her she is being suspended for a week without pay because of the thefts. The discipline of Jorani appears to violate which Just Cause test?
A. Upon investigation, was there substantial evidence or proof that the employee was guilty as charged? B. Was the degree of discipline administered by the company in a particular case reasonably related to the seriousness of the employee’s proven offense and the record of the employee’s service with the company? C. Did the company give the employee forewarning or foreknowledge of the possible or probable disciplinary consequences of the employee’s conduct? D. Has the company applied its rules, orders, and penalties evenhandedly and without discrimination to all employees?
In which kind of market would a production orientation be most successful?
A) a buyer's market in which supply exceeds demand B) a market in which there are more sellers than buyers C) a seller's market in which demand is greater than supply D) a market that sells only intangible products E) no market