Which of the following statements is correct?
select one:

(a) bonds are generally regarded as being riskier than common stocks, and therefore bonds have higher required returns.
(b) the market price of a bond will always approach its par value as its maturity date approaches, provided the bond's required return remains constant.
(c) if the federal reserve unexpectedly announces that it expects inflation to increase, then we would probably observe an immediate increase in bond prices.
(d) the total yield on a bond is derived from dividends plus changes in the price of the bond.
(e) bonds issued by larger companies always have lower yields to maturity (due to less risk) than bonds issued by smaller companies.

The manager of a branch office of banco mexicali observed that during peak hours an average of 20 customers arrives per hour and that there is an average of 6 customers in the branch office at any time. how long does the average customer spend waiting in line and being serviced?

Which of the following statements is correct? a. two firms with identical sales and operating costs but with different amounts of debt and tax rates will have different operating incomes by definition. b. free cash flow (fcf) is, essentially, the cash flow that is available for interest and dividends after the company has made the investments in current and fixed assets that are necessary to sustain ongoing operations. c. retained earnings as reported on the balance sheet represent cash and, therefore, are available to distribute to stockholders as dividends or any other required cash payments to creditors and suppliers. d. if a firm is reporting its income in accordance with generally accepted accounting principles, then its net income as reported on the income statement should be equal to its free cash flow. e. after-tax operating income is calculated as ebit(1 - t) + depreciation.

Which stage of group development involves members introducing themselves to each other?