Bonds with a high risk of default generally offer high yields

What is typically not involved in a job orientation session?

a. provide an introduction to coworkers b. inform the new employee about the organization's goals, history, philosophy, procedures, and rules c. correct any unrealistic expectations new employees might hold about the job d. provide a tour of the physical facilities of the company e. clarify relevant HR policies such as work hours, pay procedures, overtime requirements, and benefits

Suppose that the payoff from an investment depends upon market conditions. A great market has a payoff of $200,000, a normal market has a payoff of $100,000, and a poor market has a payoff of $20,000

Using an ?-value of 0.3, what is the criterion of realism value?