If a bond's yield to maturity is lower than its coupon rate, the bond will sell at a discount

Indicate whether the statement is true or false.

Answer: FALSE

Business

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Which of the following is the first step in adapting a product to a foreign market?

A. determining ways in which the product can be modified B. determining how new a product is to a market and how people react to newness C. developing a successful product strategy D. determining which physical attribute to modify to suit the local needs E. developing a strategy to convey the benefits of the product to a consumer

Business

Why must managers strike a balance between top-down visioning and bottom-up communication?

What will be an ideal response?

Business