Which of the Following Statements Is FALSE

question 79

Multiple Choice

Which of the following statements is FALSE?

• A)The bond's expected return,which is equal to the firm's debt cost of capital,is less than the yield to maturity if there is a risk of default.
• B)The two best-known bond-rating companies are Standard & Poor's and Dow Jones.
• C)Bonds in the bottom five categories are often called speculative bonds,junk bonds,or high-yield bonds.
• D)Bond ratings encourage widespread investor participation and relatively liquid markets.

Gain insight into the family life cycle and its impact on consumer behavior.

Understand the role of values in consumer decision-making.

Recognize the significance of government spending in B2B markets.

Differentiate between personality characteristics and lifestyle traits in consumer behavior.

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Definitions:

Opportunity Cost

The value of the next best alternative forgone as a result of making a decision, reflecting the trade-offs of choosing one option over another.

Comparative Advantage

The ability of an individual, company, or country to produce a good or service at a lower opportunity cost than competitors, underpinning international trade.

Specialization

The practice of focusing on and becoming expert in a particular subject or skill, in economics, it refers to individuals or firms concentrating on the production of limited kinds of goods or services.

Absolute Advantage

The ability of an individual, company, or country to produce a good or service at a lower cost per unit than others.