The late majority usually adopt a product because they have no alternatives
Indicate whether the statement is true or false
False
Business
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Effective use of diversification principles allows an FI to reduce the total default risk in a portfolio.
a. true b. false
Business
In the equation r = (FV/PV)1/n - 1, the r is sometimes referred to as the ________
A) interest rate B) discount rate C) growth rate D) All of the above
Business