_______ bonds represent a novel way of obtaining insurance from capital markets against specified disasters.
A. Asset-backed bonds
B. TIPS
C. Catastrophe
D. Pay-in-kind
C. Catastrophe
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Minimizing I when praising others to a good way to ensure that your message is
a. selfless. b. spontaneous. c. sincere. d. specific.
If the price of Iguana Handbags Inc. stock is $43, its required return is 20%, and the last dividend was $3, what is its dividend growth rate? (Round to the nearest tenth.)
A) 12.2% B) 13.0% C) 11.7% D) 10.0% E) 17.4%
What is meant by working capital?
What will be an ideal response?
In Certified Fire Protection v. Precision Construction, Precision accepted a winning bid from Certified for it to install a fire suppression sprinkler system. Later the two parties got into a fight over some details in the contract, which was never signed. The courts held that the contract was:
a. a binding contract had been formed, even though only one of the parties had signed the agreement b. a binding contract was never formed because the parties did not agree on some major terms needed for an agreement c. there was no binding contract because Certified failed to accept in the manner prescribed in the contract that was offered d. there was no binding contract because Precision failed to make the initial payment needed to bindCertified e. there was no binding contract because the document "shocked the conscience of the court"