From the perspective of investing institutions, the most attractive foreign bonds offer a ____ and are denominated in a currency that ____ over the investment horizon.

If the present value of $1,000 to be paid in five years is $985, then, using the same rate of discount, you may conclude that the present value of $985 in five years is:

a) less than $985 b) more than $985 c) $1,000 d) $985 e) More information is required

Individuals, organizations, or other entities whose response to independent variables or treatments is being studied are called test units

Indicate whether the statement is true or false