A bond rated Aaa according to Moody's, is considered ________
A) a high grade bond
B) a prime quality bond
C) an upper medium grade bond
D) a medium grade bond
B
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In a city, 60% of the residents live in houses and 40% of the residents live in apartments. Of the people who live in houses, 20% own their own business. Of the people who live in apartments, 15% own their own business. If a person owns his or her own business, find the probability that he or she lives in a house.
What will be an ideal response?
Explain the implied warranty of merchantability
What will be an ideal response?
Answer the following statement(s) true (T) or false (F)
1. The shortest sequence of activities in a project is referred to as the critical path. 2. All critical path activities have a slack time greater than zero. 3. The optimistic activity completion time could occur if everything goes according to plan with the activity. 4. The variance of the project’s completion time is determined by summing the variances of the critical path activities. 5. A noncritical activity with high variance could possibly become critical in some situations.
As part of the valuation process, a buyer should scrutinize the seller's balance sheet to see whether asset book values are realistic.
Answer the following statement true (T) or false (F)