MSU, a national electronics company based in Europe signed an agreement with their home country to actively recruit more women. In return MSU received preferential access to government contracts. Which affirmative action strategy was employed here?
a. Placing requirements on the composition of the public workforce
b. Compensation of population groups who have previously been discriminated against
c. Encouraging private businesses to actively recruit and promote employees
d. There was no strategy, this is just an institutionalized practice
c. Encouraging private businesses to actively recruit and promote employees
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The face value is $82,000, the stated rate is 10%, and the term of the bond is eight years. The bond pays interest semiannually. At the time of issue, the market rate is 8%. What is the present value of the bond at the issue date?
A) $91,561
B) $47,773
C) $43,673
D) $84,788
The last dividend paid by Coppard Inc. was $1.25. The dividend growth rate is expected to be constant at 15% for 3 years, after which dividends are expected to grow at a rate of 6% forever. If the firm's required return (rs) is 11%, what is its current stock price?
A. $30.57 B. $31.52 C. $32.49 D. $33.50 E. $34.50
Compare the following forms of advertising to determine which one is an example of narrowcasting.
A. a TV commercial for Doritos corn chips broadcast during the Super Bowl B. Harrah's Casino sponsoring a regional music festival C. a billboard advertisement for Miller Lite beer D. an advertisement for Scotts fertilizer shown on the Home and Garden Television network E. a circular promoting a sale on Halloween costumes in the Sunday newspaper
A possibility of reverter is the complementary estate to a:
a. fee simple. b. qualified fee. c. life estate. d. reversion.