Use the Figure for the Question(s)below

question 21

Multiple Choice

Use the figure for the question(s) below.
-The above screen shot from Google Finance shows the price history of Nektar, a pharmaceutical company. In the time period shown, Nektar released information that an intravenously administered formulation of their leading product had thrived in a Phase III clinical trial. In which of the months shown in the price history is this most likely to have occurred?

• A)March 2017
• B)April 2017
• C)May 2017
• D)February 2017

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Definitions:

Escalation Lease

A lease agreement that includes provisions for rent increases over the lease term.

Inflation

The rate at which the general level of prices for goods and services is rising, eroding purchasing power.

A Lease

A contractual agreement where one party (the lessor) allows another party (the lessee) to use an asset in exchange for payment over a specified period.

Gross Lease

A lease in which the monthly payment made by the tenant remains the same and the landlord pays the operating expenses of the building.