Which of Henri Fayol’s 14 principles of management refers to determining the relative importance of superior and subordinate roles?

You are considering an investment in a U.S. Treasury bond but you are not sure what rate of

interest it should pay. Assume that the real risk-free rate of interest is 1.0%; inflation is expected to be 1.5%; the maturity risk premium is 2.5%; and, the default risk premium for AAA rated corporate bonds is 3.5%. What rate of interest should the U.S. Treasury bond pay? A) 5.0% B) 2.5% C) 8.5% D) 6.0%

Assuming that you can afford a car payment of $400 for 36 months, which of the following is closest to the annual interest rate you would need on a loan to borrow $12,000 for a new car?

A) 10.99 percent B) 11.26 percent C) 12.25 percent D) 12.99 percent