Today's stock price is the present value of future:
A) interest per share.
B) dividends per share.
C) earnings per share.
D) sales per share.
B
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Amy, a successful banker and educator, has decided to retire, but she is very interested in staying involved with a company "that cares." So when asked to serve on its board of directors, she gladly accepted the invitation. As a member of the board, Amy will be involved with the organization's
A. overall strategic goals and approval of major decisions. B. daily company management and employee supervision. C. overall strategic goals and global HR management. D. daily specific company goals and management of a specific department. E. oversight of sales and marketing.
A corporation is:
A. A business legally separate from its owners. B. Not subject to double taxation. C. Controlled by the FASB. D. The same as a limited liability partnership. E. Not responsible for its own acts and own debts.
Since yield curves are usually upward sloping, the ________ indicates that, on average, people tend to prefer holding short-term bonds to long-term bonds
A) market segmentation theory B) expectations theory C) liquidity premium theory D) both A and B of the above E) both A and C of the above
A banker's acceptance is
A) used to finance goods that have not yet been transferred from the seller to the buyer. B) an order to pay a specified amount of money to the bearer on a given date. C) a relatively new money market security that arose in the 1960s as international trade expanded. D) all of the above. E) only A and B of the above.