Principle factors influencing the choice of business organizational form include whether the firm will likely choose to exercise its power of condemnation

Which of the following statements is true of the Taft-Hartley Act?

A) It increases the power of employees to form unions. B) It bars unions from engaging in specified unfair labor practices. C) It prohibits discrimination by employers in hiring and firing because of union activity. D) It prohibits employer lockouts.

Blue's Chips Inc. has a $1,000 par value bond that is currently selling for $1,300. It has an annual coupon rate of 7%, paid semiannually, and has nine years remaining until maturity. What is the annual yield to maturity on the bond?

(Round to the nearest whole percentage.) A) 3.15% B) 1.57% C) 3.12% D) 6.24%