If a security held by a bank falls in market value, that loss
A) must be recorded by the bank, no matter what.
B) will be recorded by the bank only if the security is of the type they hold to maturity.
C) will be recorded by the bank only if the security is of the type they often sell before maturity.
D) will be recorded by the bank only if it sells the security.
C
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An oligopolist's effective demand curve will be kinked if the firm
a. is acting as a price leader in the industry. b. expects other firms to match price cuts but not price increases. c. expects other firms to match all price changes. d. fears new entry into the industry.
ZZL Corporation has the opportunity to undertake an investment project that will cost $20,000 today. If the interest rate is 20 percent and if the project will yield the company $30,000 in 3 years, then ZZL will undertake the project
a. True b. False Indicate whether the statement is true or false