The following may cause unethical behavior:

A) Your parents's honesty

B) Your religious views

C) Associating with people who shoplift

D) All of the above

E) None of the above

C

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A firm has $50 million in equity and $20 million of debt, it pays dividends of 30% of net income, and has a net income of $10 million. What is the firm's internal growth rate?

A) 9% B) 10% C) 11% D) 12%

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Shorter-term bonds have greater interest rate risk than do longer-term bonds

Indicate whether this statement is true or false.

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