Junk bonds offer a relatively high rate of return, but they are more likely to default than other bonds

Indicate whether the statement is true or false.

Answer: TRUE

Business

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What is a country's balance of (merchandise) trade, and why is it so widely reported in the financial and popular press?

What will be an ideal response?

Business

A company implements a new information system and observes a 5 percent increase in its monthly sales. This is a(n) ________ of the system

A) intangible benefit B) tangible cost C) tangible benefit D) recurring cost E) non-recurring cost

Business