What is the minimum hourly wage stipulated by the Fair Labor Standards Act in 2009?

A) $15.25
B) $2.25
C) $7.25
D) $12.25

C

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If a corporation has an average tax rate of 40 percent, the approximate, annual, after-tax cost of debt for a 15-year, 12 percent, $1,000 par value bond, selling at $950 is ________

A) 10 percent B) 10.6 percent C) 7.7 percent D) 6.0 percent

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Gold and precious gems should hold a place in any diversified retirement portfolio

Indicate whether this statement is true or false.

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