Morgan Company issues 9%, 20 year bonds with a par value of $750,000 that pay interest semi-annually. The current market rate is 8%. The amount of interest paid to the bondholders for each semiannual interest payment is

Which of the following statements about ethics and business is true?

A. Two-thirds of executives surveyed about their attitude toward commercial bribery said they considered bribes unethical and would never use them as a sales tactic B. Written ethical policies are more harmful than helpful to the sales force because they diminish the salesperson's ability to be flexible C. Bribes and kickbacks are not a problem in the United States D. Management directives do not deal with many situations that are viewed as ethical dilemmas by the sales force E. None of the above statements about ethics and business is true

Multichannel marketing occurs when a single firm sets up two or more marketing channels to reach one or more customer segments

Indicate whether the statement is true or false