The z-value is the signed distance between a selected value, designated x, and the mean u, divided by the standard deviation o.

Answer the following statement(s) true (T) or false (F)

Ans: True

Business

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If a $100,000, 8%, 10 year semi-annual bond is sold to yield 9%. Assuming no transaction costs the cash proceeds will be:

a. less then the face value b. equal to face value c. greater then the face value d. more than $180,000

Business

Equity on the balance sheet refers to what the owners receive after liabilities have been satisfied

Indicate whether the statement is true or false.

Business