A local brokerage firm is offering a zero-coupon certificate of deposit for $10,000. At maturity, three years from now, the investor will receive $14,000. What is the rate of return on this investment?

A) 14 percent
B) 13 percent
C) 12 percent
D) 11 percent

C

Business

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SAFE licensing requirements contain the following exceptions:

A. They do not apply if Agent Bob is selling Mary's home to Agent Bob's brother. B. They do not apply if Seller Dan is entering into a land contract with his wife's third cousin. C. They do not apply if Cecelia is entering into a land contract on her own home. D. They do not apply when the bank finances mortgage loans.

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Geodemographics can be used to segment business markets as well as consumer markets

Indicate whether the statement is true or false

Business