The Securities Enforcement Remedies and Penny Stock Reform Act of 1990 granted the SEC power:

A) to issue cease-and-desist orders.
B) to impose civil penalties up to $1,000,000.
C) to bring civil actions for specified violations of the 1934 Act against aiders and abettors.
D) All of these.

A

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A perpetuity will grow at the rate of 5% per year. One year from the date of purchase, it will pay $50,0000. If the appropriate discount rate is 10%, what is the value of the perpetuity?

A) $1,000,000 B) $500,000 C) $5,000,000 D) $1,050,000

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As a manager, how would you make meetings more effective?

What will be an ideal response?

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