The mutual fund that invests in Treasury bills and very short-term notes and is considered practically risk free is the

A) stock fund.
B) bond fund.
C) balanced fund.
D) life cycle fund.
E) money market fund.

Answer: E

Business

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The net marketing contribution and marketing and sales expenses of a business are $2 million and $725,000, respectively. Calculate the margin per unit if the business produces 100,000 units

A) 27.2% B) 13% C) 31.6% D) 8.9% E) 22%

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Suisse Internationale, a Swiss maker of athletic equipment, enters into a price fixing agreement with Total World Sports, a U.S. wholesaler of Suisse's products. U.S. courts will apply U.S. antitrust laws if

a. the agreement was made in Switzerland. b. the agreement was made in the United States. c. the price fixing has a substantial effect on U.S. commerce. d. the Swiss government agrees to be sued in the United States.

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