Which of the following statements is not true regarding reviewing your credit report?
A) You will be able to determine if any errors have been made so they can be corrected.
B) It will help determine if there are credit cards that you should apply for to improve your credit standing.
C) It will reveal the kind of information that lenders will consider when making a decision to extend credit.
D) It will reveal deficiencies that you can work to eliminate that will improve your credit rating.
Answer: B
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Which of the following is NOT an effect of global economic and political forces on every organization's activities?
A) the failure to exploit low-cost inputs abroad B) the rise of low-cost foreign competitors C) the development of new technology that can erode a company's competitive advantage D) the creation of more powerful unions
A ten-year, zero-coupon bond with a yield to maturity of 4% has a face value of $1000. An investor purchases the bond when it is initially traded, and then sells it four years later
What is the rate of return of this investment, assuming the yield to maturity does not change? A) 3.20% B) 2.40% C) 4.00% D) 2.00%