If a 20-Year Bond Pays Interest of 8 Percent Semiannually,the

question 41

True/False

If a 20-year bond pays interest of 8 percent semiannually,the present value of the bond is calculated based upon (1)4 percent and 40 periods for the interest,and (2)8 percent and 20 periods for the face amount of the bond.

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Definitions:

Third-Country Nationals

Employees who are citizens of a country other than the one in which the organization is located and the one they are working in.

Host-Country Culture

The set of norms, values, practices, and social behaviors of a country in which a multinational company operates.

Parent-Country Culture

The culture of the country where a multinational corporation's headquarters is located, which can influence the management styles, practices, and values of the organization globally.

Home-Country Nationals

Employees from the country where a multinational company is headquartered, as opposed to those from the countries where the company operates.