If Delta Airlines were to significantly change its fare structure and flight schedule to enhance its competitive position in response to aggressive price cutting by Southwest Airlines, this would be an example of

A) explicit collusion.
B) tacit collusion.
C) competitive dynamics.
D) a harvest strategy.

C

Business

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Your firm has just issued a 20-year $1,000.00 par value, 6% coupon semiannual bond for a net price of $964.00. What is the yield to maturity? Use a financial calculator to determine your answer

A) 3.16% B) 7.33% C) 6.32% D) 6.00%

Business

CBR stands for Committed Burst Rate

Indicate whether the statement is true or false

Business