Question 286

A 5-year, semi-annual pay, 7-1/2% coupon bond is priced at par. The bond is callable beginning with the first coupon payment date 3 years from the present date. In the absence of default by the bond issuer:
  • Question 287

    The marginal benefit of going to a movie during the week is currently $6 for you. Assume that the price of going to the movies, $4, measures its marginal cost. Following the economic decision rule, you will
  • Question 288

    Benny Len is an analyst at a large Brokerage firm. Benny has recently visited the Head of operations at company HTY with the view to writing a report on them. The operations director presents Benny with three production scenarios for the coming year, the optimistic, pessimistic and realistic scenarios. When
    Benny writes his report he only uses the optimistic production scenario but does not report this as the optimistic scenario, rather he reports these numbers as the numbers that are likely to be achieved. Based on this scenario Benny recommends that the entire firm's clients purchase HTY stock. Has Benny violated the Code and Standards?
  • Question 289

    If John quits his job to find a new job in a different city, John is considered
  • Question 290

    Of the following statements:
    I). In a stratified random sample, each item in the sample has the same probability of being sampled.
    II). In a simple random sample, each item in the sample has the same probability of being sampled.