If negligence of the plaintiff and negligence of the defendant proximately caused the injury and damage sustained by the plaintiff, the plaintiff can recover some damages in those states where contributory negligence is still recognized

Indicate whether the statement is true or false

False

Business

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A 10-year bond with a $1,000 face value and 6% coupon rate is currently selling in the bond market for $700. Its current yield is

A) 6%. B) 7%. C) 8.6%. D) 10.6%.

Business

In economic conditions characterized by short-term interest rates which exceed long-term interest rates, the financing strategy which would maximize profits is ________ strategy

A) the aggressive B) the conservative C) the trade-off D) a seasonal

Business