The Consumer Financial Protection Bureau was created with the oversight authority necessary to ensure that
A) consumer financial markets work.
B) the prices and risks for credit products and other consumer financial services are easy to understand.
C) the prices and risks for mortgages, credit cards, and other kinds of financial products and services are clear.
D) all of the above.
Answer: D
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XYZ currently has 100,000 shares outstanding with a market price-per-share of $75. Its book value-per-share is $50. Tomorrow it issues 10,000 new shares, but it sells them at $74/share. Compared to today, its:
a) market value is higher, book value is lower b) market value is higher, book value is higher c) market value is lower, book value is lower d) market value is lower, book value is higher
Flankers are brands that may be kept around despite dwindling sales because they manage to maintain their profitability with virtually no marketing support
Indicate whether the statement is true or false