Traditionally the function of __________ was to transfer control to a user command-line interpreter, which gave access to any program available on the system with the privileges of the attacked program

Ransom Industries Inc, has issued preferred stock that pays $3.00 dividends annually. If the market requires a 12.5% rate of return on the shares, what is the current price of the firm's preferred shares?

A) $21.33 B) $24.00 C) $41.67 D) There is not enough information to answer this question.

Which of the following statements is true?

A) The process of accumulating interest on interest is referred to as discounting. B) The higher the discount rate, the higher the present value. C) If interest is 12% compounded annually, $1,200 due one year from today is equivalent to $1,000 today. D) If interest is 10% compounded annually, $1,100 due one year from today is equivalent to $1,000 today.