Which of the Following Is the Most Important Document to the Shipper,the

question 38

Multiple Choice

Which of the following is the most important document to the shipper,the carrier,and the buyer?

• A) Promissory note
• B) Surety bond
• C) Bill of lading
• D) Letter of intent

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Definitions:

Yield-to-Maturity

The total return anticipated on a bond if the bond is held until its maturity date, considering all interest payments and the repayment of principal.

Internal Rate of Return

The discount rate that makes the net present value (NPV) of all cash flows from a particular project equal to zero.

Beta

A gauge of the variability in a stock's price relative to the whole market.

Risk-Free Rate

The anticipated rate of return on an investment devoid of risk, commonly represented by the interest rates of government bonds.