Money market mutual funds invest primarily in the stocks of publicly traded companies

Indicate whether this statement is true or false.

Answer: FALSE

Business

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What is the asset adjustment to a bank's balance sheet if the bank sold a five-year, 7 percent annual coupon $100,000 bond acquired at par, but now yielding 8 percent? The bond was not in the mark-to-market portfolio.

A. A $96,007 reduction in assets. B. A $96,007 increase in assets. C. A $100,000 reduction in assets. D. A $100,000 increase in assets. E. A $100,000 increase in liabilities.

Business

Big and Tall Men's Shop carries men's clothing in larger sizes; this allows the store to ________ other stores

A) align itself with B) differentiate itself from C) cluster with D) affect the store atmosphere of E) converge with

Business