The FOMC issues directives to the trading desk at the New York Fed

Indicate whether the statement is true or false


TRUE

Business

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Marketers for Alive!, a new sports energy drink, have hired teams of college students to encourage friends and classmates on campus to try the new product

The students have been directed by Alive! to promote the new drink without revealing that they are contracting with the company. Alive! is most likely to be accused of which of the following unethical marketing strategies? A) falsification B) shilling C) evangelist marketing D) viral marketing E) defacement

Business

QRM, Inc's marginal tax rate is 35%. It can issue 10-year bonds with an annual coupon rate of 7%

and a par value of $1,000. After $12 per bond flotation costs, new bonds will net the company $966 in proceeds. Determine the appropriate after-tax cost of new debt for the firm to use in a capital budgeting analysis. A) 7.50% B) 4.87% C) 7.8% D) 2.62%

Business

A right is an obligation of law imposed on a person to perform or refrain from performing a certain act

Indicate whether the statement is true or false

Business

Absolute privilege grants immunity in situations where:

a. the defendant did not intend to cause harm b. there is a proximate cause c. businesses stand to lose money d. all of the specific choices e. none of the other specific choices

Business