Relatively high costs of capital are more likely to occur in:

A) highly illiquid domestic securities markets.
B) highly liquid domestic securities markets.
C) unsegmented domestic securities markets.
D) none of the above

Answer: A

Business

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The right granted by an owner of real property to a telephone company for the purpose of erecting poles to support telephone wires over the property creates:

A: An exclusive easement; B: A specific lien; C: An encumbrance; D: A declaration of restrictions.

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Customers who perceive added value are less likely to choose a competing product simply on the basis of price

Indicate whether the statement is true or false

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