Because of stringent SEC rules, American companies typically do not find foreign disclosure rules to be overly onerous
Indicate whether the statement is true or false.
Answer: TRUE
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AB Builders has 15-year bonds outstanding with a face value of $1,000 and a market price of $974. The bonds pay interest annually and have a yield to maturity of 4.03 percent. What is the coupon rate?
A. 3.80 percent B. 4.20 percent C. 4.25 percent D. 3.75 percent E. 3.95 percent
Which of the following is a typical function of a trademark?
A. It marks the sales territory for which individual salespeople are assigned. B. It restrains authors, composers, playwrights, artists, and publishers from trading their creative work. C. It signifies that a country is a member of the World Trade Organization. D. It acts as a permit to expand a business globally. E. It allows merchants or manufacturers to designate and differentiate their products.