Which one of the following statements is true concerning bonds?
A) A bond yield represents only the interest earned on a bond.
B) Bond yield data is more useful to an investor when compared over time.
C) A bond's yield remains constant even when a bond is sold prior to maturity.
D) Bonds with similar characteristics generally have widely disparate bond yields.
Answer: B
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In order to use structured English, which convention is not advisable?
A) Express all logic in terms of sequential structures, decision structures, case structures, or iterations. B) Blank a line and indent blocks of statements to show their hierarchy. C) Use and capitalize accepted keywords such as IF, THEN. D) Be careful when using "and" and "or."
Deciding how much money to spend on new manufacturing equipment versus launching a new advertising campaign is described as opportunity cost
Indicate whether the statement is true or false.