As the level of tolerable error increases in the sample means formula, the sample size required to represent a particular population is:

a. smaller
b. larger
c. about the same
d. none of these

a. smaller

Business

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Craddock Company issued 6%, 10-year bonds with a face amount of $1,000,000 for $1,020,000. The bonds pay interest semi-annually on June 30 and December 31 of each year. The semi-annual straight-line amortization of the premium on bonds payable will

A. increase interest expense by $20,000 B. not impact interest expense or the carrying value of the bond C. decrease interest expense by $1,000 D. decrease interest expense by $1,000

Business

An expected ____ in economic growth places ____ pressure on bond prices.

Fill in the blank(s) with the appropriate word(s).

Business