A bond dealer sells at the _____ price and buys at the _____ price.
A. clean; dirty
B. dirty; clean
C. bid; asked
D. asked; bid
E. asked; asked
Ans: D. asked; bid
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What is the legal process by which each party's attorneys try to gain information about the other side's case before the trial begins called?
a. pleading b. investigation c. discovery d. admission
The following information relates to Aracely Inc at December 31 . 2014: Fair value of plan assets ............................. $1,520,000 Market related asset value ............................ 1,440,000 Accumulated benefit obligation ........................ 1,960,000 Projected benefit obligation .......................... 2,040,000 Unrecognized prior service cost ....................... 24,000
The total pension liability at December 31 . 2014, for Aracely Inc is a. $0. b. $440,000. c. $480,000. d. $520,000.