TJ's offers a $1,000 face value, zero coupon bond with a yield to maturity of 11.3 percent, given annual compounding. The bond matures in 16 years. What is the current price?

A) $178.78
B) $180.33
C) $188.36
D) $190.09
E) $192.18


B) $180.33

Business

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Which of the following scenarios best exemplifies groupthink?

A. Four officers of Bisk Corp. devise a highly profitable plan. David, a manager, points out to the group that the plan will likely get the company a high amount of negative publicity. David states that he will not sanction the team's plan. B. Ten officers of Jekyll Inc. are planning a business enterprise they know to be highly profitable. Six know the plan to be illegal. Nevertheless, they do not voice their concerns, but go along with the team's plan. C. Ned, Oliver, and Phoebe draft plans for a new software company. They have all thoroughly researched their plans and no one has any criticisms or concerns. D. Barry, Ralph, and Ann are subordinates of a firm who report problems to their top managers without any fear.

Business

Mini-Case Question. Calculate the margin variance of the business

A) -$72,000 B) $72,000 C) $80,000 D) -$80,000 E) $64,000

Business

Which feeling below is not an example of positive affect?

a. Cheerfulness b. Excitement c. Lethargy d. Self-assurance

Business

The marketing department at TrueBlue is immense. The Senior Marketing Manager is responsible for completing performance reviews on all members of the department. Since she does not have the opportunity to work with them all personally, she bases her reviews on the sales figures for their products on the assumption that sales reflect the success of the marketing efforts. It is likely that these performance reviews do not comply with the law.

Answer the following statement true (T) or false (F)

Business