Apex describes its clothing line as, "Elegance and attitude, now as one. For the daily office-goer, who takes pride in what he or she wears everyday, Apex makes sure you get noticed." This exemplifies a ________
A) statement of purpose
B) vision statement
C) positioning statement
D) general need description
E) product specification
C
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Which of the following is NOT true about duration?
A. It equals the years-to-maturity for a zero coupon bond B. It equals the weighted average of payment times for a bond, where weights are proportional to the present value of payments C. Equals the weighted average of individual bond durations for a portfolio, where weights are proportional to the present value of bond prices D. The prices of two bonds with the same duration change by the same percentage amount when interest rate moves up by 100 basis points
Employer contributions to a state fund that compensates injured workers is called:
A) Social Security and Medicare. B) Federal Unemployment (FUTA). C) State Unemployment (SUTA). D) Workers' Compensation.