A bond's current yield is equal to the interest payment divided by par value

Indicate whether the statement is true or false.

Answer: FALSE

Business

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Which of the following marketing applications is not an example of trace analysis?

A) A sample of 100 magazines were examined to determine how the portrayal of women in U.S. magazine advertisements has changed over the past 10 years. B) The selective erosion of tiles in a museum indexed by the replacement rate was used to determine the relative popularity of exhibits. C) The age and condition of cars in a parking lot were used to assess the affluence of customers. D) The magazines people donated to charity were used to determine people's favorite magazines.

Business

An obligor can raise any personal defenses he or she may have directly against an assignee

Indicate whether the statement is true or false

Business