Which of the following allow shoppers to bid on everything from bobble heads to health-and-fitness equipment?
A) freemiums
B) shopbots
C) reverse auctions
D) online auctions
E) list prices
D
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A trial balance is a list of all of the ledger accounts of a company with their balances at a point in time.
a. true b. false
Charlie Corporation has two bonds outstanding. Both bonds mature in 10 years, have a face value
of $1,000, and have a yield to maturity of 8%. One bond is a zero coupon bond and the other bond has a coupon rate of 8%. Which of the following statements is true? A) Both bonds must sell for the same price if markets are in equilibrium. B) The zero coupon bond must sell for a lower price than the bond with an 8% coupon rate. C) All rational investors will prefer the 8% bond because it pays more interest. D) The zero coupon bond must have a higher price because of its greater capital gain potential.