Using ECCs (error-correcting codes) is also sometimes called ________

Market skimming pricing makes sense under all the following conditions, EXCEPT ________

A) if a sufficient number of buyers have a high current demand B) if the unit costs of producing a small volume are high enough to cancel the advantage of charging what the traffic will bear C) if the high initial price does not attract more competitors to the market D) if consumers are likely to delay buying the product until its price drops E) if the high price communicates the image of a superior product

The major attraction of convertible bonds is

A) the option to convert subordinated debentures into senior securities. B) the option to convert the bond into shares of the company's stock. C) the option to convert the bonds into longer term securities when they mature. D) the absence of a call provision allows the value of the bonds to increase at the same rate as the company's stock while the owner still collects interest.