Professionals such as doctors and lawyers display their degrees and certifications because ____________
a. they want to build personal relationships with their clientele and generate a moment of truth.
b. they want customers to "see" their credentials that qualify them to provide the service.
c. they want to provide detailed information about their core values.
d. they want to provide a visual example of their prowess and enhance experiential attributes.
e. These items act as an advertisement that highlights important aspects of their company.
b
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When presenting statistical information in a CAFR, ______.
Fill in the blank(s) with the appropriate word(s).
What is the yield to maturity of a corporate bond with 13 years to maturity, a coupon rate of 8% per
year, a $1,000 par value, and a current market price of $1,250? Assume semiannual coupon payments. A) 6.0% B) 4.2% C) 5.3% D) 4.7%