When Mark Willman and John Snortum Duplicated the Rand and PERF

question 38

Multiple Choice

When Mark Willman and John Snortum duplicated the Rand and PERF findings in a study of detective work in 1984, they found that in cases reported to a suburban police department, most cases that were solved when ______.

• A)the victim identified the perpetrator in a photo line-up
• B)the perpetrator was identified as a "person of interest"
• C)the perpetrator confessed
• D)the perpetrator was identified at the scene of the crime

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Definitions:

Current Yield

The annual income (interest or dividends) divided by the current price of the security, used primarily for bonds.

Trading

The buying and selling of financial instruments like stocks, bonds, commodities, and derivatives within financial markets.

Coupon Bond

A bond that pays the holder periodic interest payments based on a pre-defined rate (the coupon rate) until maturity when the principle is also repaid.

Current Yield

The annual income (interest or dividends) from an investment, expressed as a percentage of the current price of the investment.