Arts and Crafts Warehouse wants to issue 15-year, zero-coupon bonds that yield 7.5 percent. What price should it charge for these bonds if the face value is $1,000? Assume semiannual compounding.

Evaluating financial statements permits managers, lenders, suppliers, and investors to do all of the following except

A. Determine whether the firm is on track with its long-term goals B. Retain a firms earnings C. Identify business variables D. Analyze borrowing needs E. Identify trends in sales and profits

Noncomparative scaling is the most widely used scaling technique in marketing research

Indicate whether the statement is true or false