If the exchange rate for a foreign currency (stated in dollars) has risen, a dollar will purchase:
A. An increased amount of that foreign currency.
B. An unchanged amount of that foreign currency.
C. A smaller amount of that foreign currency.
D. An undetermined amount of that foreign currency.
C
Business
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What is the after-tax cost of preferred stock if its price is $25 per share and it pays a $1 per share dividend? Assume the firm's marginal tax rate is 25% and there are no flotation costs
A) 5% B) 9% C) 3% D) 4% E) 1%
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It is necessary to set a sample size greater than one but less than the size of the population itself
Indicate whether the statement is true or false
Business