Does it make a difference if the speed is measured in bits or bytes? Why?

What will be an ideal response?

Yes, a byte is equal to eight bits. Speed ratings of 10MB/sec and 10Mb/sec are not the same. Files are typically measured using bytes. Bandwidth, on the other hand, is measured using bits/second.

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You want to send your grandchild to a very prestigious university. You heard that a college

education will cost $800,000 in 18 years. If you invest $10,000 at the end of each year, what IRR will you need in order to reach your goal of $800,000? A) 13.65% B) 12.46% C) 15.52% D) 18.00%

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Which of the following is true about the practice of backdating a stock options grant?

A. It is illegal B. It is illegal in the majority of states in the U.S., but not all states C. It is illegal in roughly half the states in the U.S. D. It is unethical, but not illegal

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