A one-year zero-coupon bond yields 4.0%. The two- and three-year zero-coupon bonds yield 5.0% and 6.0% respectively. The rate for a one-year loan beginning in one year is closest to:

A. 4.5%.
B. 5.0%.
C. 6.0%.

Answer: C. 6.0%.

Business

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A real estate license was issued for only 150 days. The reason for this shortened license period was that the licensee:

a. was in arrears for child support payments. b. did not fulfill all of their educational requirements. c. is in a divorce suit. d. is a foreign national.

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Which of the following terms is used to describe the set of forces that influence the ability of a business to create value and attract and serve customers?

A) the marketing environment B) the cultural environment C) Porter's Five Forces D) the target market E) the marketing mix

Business