A consequence of subsidies paid to companies during difficult economic times is
What will be an ideal response?
Answer: giving recipients an unfair competitive advantage.
Business
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A corporate bond is quoted at a price of 103.16 and carries a 6.50 percent coupon. The bond pays interest semiannually. What is the current yield on one of these bonds?
A. 6.24 percent B. 6.30 percent C. 6.36 percent D. 6.62 percent E. 6.66 percent
Business
Distinct elements of a mortgage loan include
A) origination. B) investment. C) servicing. D) all of the above. E) only B and C of the above.
Business