To Increase Interest in Rodeos,the Local Chapter of the National

question 110

Multiple Choice

To increase interest in rodeos,the local chapter of the National Rodeo Cowboys Association (NRCA) is offering free roping lessons to students in grades 6 and 7.Which of the following best describes an exchange?

• A)Students and their parents can decide for themselves if the lessons have any value.
• B)The students want to take the lessons but are unaware that they are being offered for free.
• C)The parents of the students are unsure whether the NRCA is a legitimate organization.
• D)Both the NRCA and the students taking the lessons will trade something of value.

---

Definitions:

Present Value

The present worth of a future amount of money or sequence of cash payments, calculated using a particular return rate.

Dividends

Payments made by a corporation to its shareholder members, usually derived from the company's earnings.

U.S. Companies

Businesses that are incorporated, operate, or have their primary base of operations within the United States.

Dividend-Payout Stock

NO. However, the concept closely resembles dividend-paying stocks, which are shares in a company that return a portion of the company's earnings to shareholders at regular intervals.