Which of the following is the best example of moral unity in action?
A. Ketan was a vegetarian and he owned several Wendy's restaurants.
B. Ketan loved to eat hamburgers and he owned several Wendy's restaurants.
C. Ketan went to the local zoo about once every month since he loved animals.
D. Ketan was not religious but he went to church with his wife to make her happy.
Answer: B. Ketan loved to eat hamburgers and he owned several Wendy's restaurants.
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What is credit life insurance?
A) Policies that cover payment of a debt if the debtor dies B) Life insurance purchased through credit card solicitation C) Credit given to policyholders who consistently pay their premiums on time D) Insurance offered on credit when the policyholder is unable to pay premiums
Deltona Motors just issued 230,000 zero-coupon bonds. These bonds mature in 18 years, have a par value of $1,000, and have a yield to maturity of 5.9 percent. What is the approximate total amount of money the company raised from issuing these bonds? Assume semiannual compounding.
A. $88.20 million B. $80.76 million C. $75.14 million D. $62.08 million E. $91.84 million