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

Business

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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

Business

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.

Business