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Case 5.1
Joan is designing an ethics training program for her company.She decides to build it around the story of the founder of the corporation,Rosa.Rosa's "rags-to-riches" story reveals a woman with strong standards of personal conduct,deep personal values and beliefs,and a pattern of good judgment.Rosa attributes her success to the upbringing she had as a child.A second portion of the training program will review the company's values,ethics code,and policies so that all employees are very clear on where the company stands on key issues and business behaviors.
-Refer to Case 5.1.The training program is helping employees make right choices by
Bond Exchange
The process of trading bonds in the financial market, where investors buy and sell debt securities issued by entities like governments and corporations.
Market Rate of Interest
The prevailing rate of interest observed in the marketplace for loans and investments.
Trading
Buying and selling securities or commodities in financial markets, aiming for short-term profits.
Effective-Interest Method
A method of calculating the amortized cost of a bond and of interest expense over the bond's life, reflecting a constant rate of interest.
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