Which of the following is not one of the concepts used to determine ethical behaviors?
a. Transparency
b. Effect
c. Fairness
d. Equal
D
Business
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Low income earners
A) may contribute additional amounts to an IRA under a catch-up provision. B) are not bound by contribution limits. C) may receive a tax credit based on contributions to an IRA D) can access there funds without incurring a tax penalty.
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What must be the price of a $1000 bond with a 5.8% coupon rate, annual coupons, and 20 years to maturity if YTM is 7.8% APR?
A) $960.82 B) 1120.95 C) $800.68 D) $640.54
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