XYZ company issued bonds three years ago with a 7% coupon rate. Today, the market rate of interest was lowered to 4%. What most likely will happen next?
A) XYZ company will lower the par value of their bonds.
B) XYZ company will raise the coupon rate of their bonds.
C) XYZ company will call their bonds in.
D) None of the above is correct.
Answer: C
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The sale of merchandise in export markets at unfair prices is known as:
A) dumping. B) countervailing. C) tariff. D) ad valorem. E) transaction.
Which of the following is NOT one of the seven service quality gaps?
a. The knowledge gap. b. The policy gap. c. The perceptions gap. d. The delivery gap. e. The standards gap.
Which of the following is NOT a characteristic of transportation by rail?
a. inflexibility as routes and timings are predetermined b. slower in comparison to shipping by air or truck c. lower cost in comparison to shipping by truck d. potential for product damage
Compliance with a legislative enactment or administrative regulation does not prevent a finding of negligence if a reasonable person would have taken additional precautions to avoid harm
a. True b. False Indicate whether the statement is true or false