Which of the following is true about the crime of bribery?
A) Only the person who offers the bribe can be convicted, but that person is guilty whether
or not the bribe is accepted.
B) Only the person who receives the bribe can be convicted.
C) A party who even considers accepting a bribe can be convicted, as well as the person
offering the bribe, whether or not it is accepted.
D) Only the person who gives a bribe and is successful at having it accepted can be
convicted.
E) A party who actually accepts a bribe can be convicted, as well as the person offering the
bribe, whether or not it is accepted.
E
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Your company is able to arrange financing at either a rate of 12.75% annually, or at a rate of 12%
compounded monthly. Assuming financing is needed for one year, which rate is the best? A) 12.75% annually, because the annual percentage yield for 12% compounded monthly is greater than 12.75%. B) 12.75% annually, because even though the annual percentage yield is higher, interest if paid only once per year at year end. C) 12% compounded monthly, because the annual percentage yield is 12.68%. D) Both rates are effectively the same, so your company should be indifferent between the two.
The current price of silver is $ 31.00 per ounce. The effective lease rate and risk free rate are 1.0% and 3.5%, respectively
If the cost to mine one ounce of silver is a constant $25.00, what is the value of an option to wait and mine the silver later? A) $13.50 B) $14.50 C) $15.50 D) $16.50