Typically, the rate of return on ________ exceeds the rate of return on ________

A) long-term bonds; short-term bonds.
B) government bonds; similar maturity corporate bonds.
C) short-term bonds; long-term bonds.
D) marketable securities; common stock.

A

Business

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On January 1, 2011, Ajax Corporation signed a $1,000,000, 7%, 10-year mortgage note to buy a new warehouse. The note will be repaid in 10 equal annual installments of $142,378. Over the 10-year period, as each installment payment is made, the portion of the payment that is interest expense will ________.

A) increase B) decrease C) stay the same D) The answer cannot be determined from the information given.

Business

The word "pension" most accurately describes

a. defined-contribution plans. b. defined-benefit plans. c. 457 plans. d. IRAs.

Business