Which of the Following Statements Is CORRECT

question 72

Multiple Choice

Which of the following statements is CORRECT?

• A) The total return on a bond during a given year is based only on the coupon interest payments received.
• B) All else equal,a bond that has a coupon rate of 10% will sell at a discount if the required return for bonds of similar risk is 8%.
• C) The price of a discount bond will increase over time,assuming that the bond's yield to maturity remains constant.
• D) For a given firm,its debentures are likely to have a lower yield to maturity than its mortgage bonds.
• E) When large firms are in financial distress,they are almost always liquidated,whereas smaller firms are generally reorganized.

Understand the definition, purposes, and benefits of conducting performance appraisals.

Understand the importance and objectives of employee training within an organization.

Recognize the purpose and components of effective employee orientation programs.

Identify different methods and responsibilities involved in conducting orientation.

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Definitions:

Closed Shop

A labor arrangement whereby all employees must be members of a specific union before being hired, typically agreed upon through union and employer negotiations.

Taft-Hartley Act

A United States federal law that restricts the activities and power of labor unions.

Outlawed

Describes something that has been prohibited or made illegal by law or regulatory authority.

Norris-LaGuardia Act

A 1932 United States federal law that limited the power of federal courts to issue injunctions in nonviolent labor disputes, thereby protecting the right of workers to organize and strike.