The repeated observations of demand for a product or service in their order of occurrence form a pattern known as a time series
Indicate whether the statement is true or false
TRUE
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"Willa purchases a 5-year $50,000 level term policy with an option to renew. Which of the following statements about the policy's renewability is CORRECT?
A) The premium for the renewal period will be the same as the initial period, but a onetime service charge will be assessed upon renewal. B) The premium for the renewal period will be lower than the initial period. C) The premium for the renewal period will be the same as the initial period. D) The premium for the renewal period will be higher than the initial period."
All other factors being the same, firms that are more dependent on stock issues for raising financial capital have greater financial risk
Indicate whether the statement is true or false.