The most likely individuals to be enticed to join a frequency or loyalty program are:

On January 1, 2011, Bondz, Inc issued $1,000,000 of 5%, 10-year bonds when the market rate of interest was 6%. The bonds pay interest annually on December 31

To calculate the amount of cash that Bondz received, you must use a discount rate of ________. A) 20% B) 6% C) 5% D) The answer cannot be determined from the information given.

Which of the following statements is CORRECT?

a. An example of an externality is a situation where a bank opens a new office, and that new office causes deposits in the bank's other offices to increase. b. The NPV method automatically deals correctly with externalities, even if the externalities are not specifically identified, but the IRR method does not. This is another reason to favor the NPV. c. Both the NPV and IRR methods deal correctly with externalities, even if the externalities are not specifically identified. However, the payback method does not. d. Identifying an externality can never lead to an increase in the calculated NPV. e. An externality is a situation where a project would have an adverse effect on some other part of the firm's overall operations. If the project would have a favorable effect on other operations, then this is not an externality.