Fibercom Inc. needs $500,000 for one year. If the loan takes the form of a discounted note at a stated rate of 4%, how much will Fibercom actually need to borrow?

An energy exporting country stands to gain

A) under a cap and trade system if the supply of crude is kept below the level achieved with a price on emissions. B) under a cap and trade system if the supply of crude is kept over the level achieved with a price on emissions. C) under a carbon tax system if the supply of crude is kept below the level achieved with a price on emissions. D) under a carbon tax system if the supply of crude is kept over the level achieved with a price on emissions.

A large corporation might consider global expansion simply because its competitors are

globalizing. Indicate whether the statement is true or false