Which of the following is true of the Grameen Bank founded by Prof. Muhammad Yunus?
A) It provides funding primarily to global conglomerates.
B) It is a family conglomerate based in Bangladesh.
C) It provides small-scale financial services to aspiring entrepreneurs in poor countries.
D) It sells insurance in India for less than 20 cents.
C
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An alternative approach to project crashing is to use which of the following techniques?
A) linear programming B) nonlinear programming C) Markov analysis D) queuing theory E) None of the above
Leticia is twenty-two years old and she has all of her savings in a Certificate of Deposit (CD) at the bank that currently pays an annual 1.5 percent yield. The account is protected by the FDIC so it is virtually risk free
She hopes to use her savings for a down payment on a new house in ten years. Inflation in house prices in her area has averaged 4 percent per year. What financial principle does she need to pay better attention to? A) Nothing happens without a plan. B) Waste not, want not, smart spending matters. C) Risk and return go hand in hand. D) All of the above are correct.