Bond price: Briar Corp is issuing a 10-year bond with a coupon rate of 7 percent. The interest rate for similar bonds is currently 9 percent. Assuming annual payments, what is the present value of the bond?

Material safety data sheets (MSDS):

a. inform employees about potentially hazardous materials used in the workplace and explain how to work with these materials b. do not tell employees any procedures in case of an accident c. are written and supplied to hospitality organizations by the U.S. government d. explain where in the hospitality facility an employee can find training manuals and vdieotapes that show how equipment can be repaired safety.

Which one of the following indicates that a project should be rejected?

A. Average accounting return that exceeds the requirement B. Payback period that is shorter than the requirement period C. Positive net present value D. Profitability index less than 1.0 E. Internal rate of return that exceeds the required return