Which item below is a nontaxable exclusion from gross income?
A)
Municipal bond interest
B)
Interest on U.S. Series EE bonds
C)
Alimony received
D)
Bingo winnings
A
Business
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What is measured by current assets minus current liabilities?
A. Solvency B. Working capital C. Profitability D. Cash flow
Business
Assume a bond with a $1,00 . par value and an 11 percent coupon rate, two years remaining to maturity, and a 10 percent yield to maturity. The duration of this bond is a. 1.90 years
b. 1.50 years. c. 1.92 years. d. none of the above
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