Firms must amortize the difference between the issue price and the face value as an adjustment to interest expense over the life of the bonds

Firms can increase flexibility by producing all parts of a product in-house.

a. true b. false

Which of the following statements about a priori probabilities is correct?

A) They are subjective probabilities based on ambiguity in the way probability is perceived. B) They are subjective probabilities that may vary among individuals because of factors such as age, gender, education, and the use of alcohol. C) They are objective probabilities that can be determined by deductive reasoning. D) They are objective probabilities that can be determined by subjective reasoning.