A bond with a face value of $100,000 and a quoted price of 102¼ has a selling price of
a. $120,225.
b. $102,025.
c. $100,225.
d. $102,250.
Ans: d. $102,250.
Business
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Airbus is seeking a patent for their "flying donut" concept. The interior of this airplane would be set up like a circular auditorium with more open spaces; the wings would come from the nose of a plane instead of from the sides. This design will allow faster boarding and deplaning. Airbus' flying donut is a _______________ innovation.
Fill in the blank(s) with the appropriate word(s).
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Broadbanding provides organizations with more flexibility for managing pay ranges than traditional pay plans.
a. true b. false
Business