If 4 Out of 5 Job Offers Are Typically Accepted,a

question 7

True/False

If 4 out of 5 job offers are typically accepted,a company will have to make 120 offers so as to hire 80 employees.

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Definitions:

Secondary Market

A financial market where previously issued financial instruments such as stock, bonds, options, and futures are bought and sold.

Interest

The cost of borrowing money, often expressed as a percentage rate over a period of time, or the income earned from lending money.

Dividends

Money disbursed by a business to its members, principally originating from the enterprise's earnings.

Financial Intermediary

An institution that pools investors’ money and invests it on their behalf giving the investors shares of itself. Mutual funds are the primary example.