An investor wants to invest in a country that has a high gross national income (GNI). Which of the following countries would most likely qualify as a prospect?
A) Nepal
B) India
C) Japan
D) Vietnam
C
Business
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A typical supply curve shows that an increase in the price of a good will cause the quantity supplied to:
A. decrease. B. increase. C. remain constant. D. fluctuate randomly around its equilibrium value.
Business
While checking the Wall Street Journal bond listings you notice that the price of an AT&T bond is
the same as the price of a K-Mart bond. Based on this information you know that A) both bonds will have the same bond rating. B) the bond with the lower coupon rate will have the lower current yield. C) both bonds have the same yield to maturity. D) the bond with the longest time to maturity will have the highest yield to maturity.
Business