What term is used to name a type of loan in which the loan amount and interest are due in one payment at maturity?
a. Personal Loan
b. Cash advance
c. Installment
d. Single Pay Loan
e. None of the above
d. Single Pay Loan
Business
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A study of CEO failure indicated that 70 percent of the time their failures were attributed to
a. poorly developed plans. b. poor execution, not poor planning. c. over-ambitious plans. d. lack of adequate cost controls.
Business
The term structure of interest rates represents the relationship between which of the following?
A. Nominal rates on risk-free and risky bonds B. Real rates on risk-free and risky bonds C. Nominal and real rates on default-free, pure discount bonds D. Market and coupon rates on default-free, pure discount bonds E. Nominal rates on default-free, pure discount bonds and time to maturity
Business