I is incorrect because the rule stipulates that the book value of the asset must exceed its undiscounted cash flows.
II is incorrect because the amount of the write-down is equal to the difference between the asset's book value and its fair market value (if it is available).
IV is incorrect because once an asset is written down, it may not be written back up again, even as the circumstances turn favorable again.

The difference between the yield on an on-the-run Treasury security and a non-Treasury issue of similar maturity is frequently referred to as simply the "yield spread." Further, since non-Treasury sectors of the fixed income market nearly always offer a spread to similar Treasury issues, non-Treasury sectors are referred to as "spread sectors" and securities in these sectors are referred to as "spread products."
There are many measures of yield spread; the most common measures include the absolute yield spread, the relative yield spread, and the yield ratio. Each of these methods is detailed below: {Absolute yield spread = [yield on security A - yield of on-the-run Treasury]} {Relative yield spread = [(yield on security A - yield of on-the-run Treasury) / yield of on-the-run Treasury} {Yield ratio = [Yield on security A / yield of on-the-run Treasury]}
Remember that while the most useful measures of relative yield spread (for purposes of risk analysis) is to measure a spread product against a comparable on-the-run Treasury issue, measures of yield spread can be calculated for any two debt securities, regardless of maturity, coupon, yield, or issuer. In this example, all of the necessary information has been provided, and the calculation of each measure of yield spread is as follows:
{Relative yield spread = [(0.0734 - 0.0512) / 0.0512]] = 0.43359}, or 43.4% {Absolute yield spread =
[0.0734 -0.0512] = 0.0222}, or 222 basis points {Yield ratio = [0.0734 / 0.0512] = 1.43359}, or 1.43

Price discrimination consists of dividing consumers into groups and charging prices based on willingness or ability to pay.

Short-term deviations from the target capital structure are not uncommon and can be cause by fluctuations in interest rates and stock prices. Firms would typically adjust somewhat slowly to those target levels.

The member would need to report his appointment and get permission from his superior, since the job is likely to involve investment activities. The fact that the position would be profitable to the employer or not time consuming is irrelevant to the fact that the member would need to report the matter to his employer.