If investors are uncertain that a corporate bond issuer will make all of the bond payments as promised, the investors will demand a higher yield in the form of:

A) An increased inflation premium.
B) An increased interest rate risk premium.
C) An increased default risk premium.
D) An increased liquidity risk premium.
E) An increased real rate of interest.

The plantwide overhead rate is determined using volume-related measures.

Carrie's Tennis Camps initially identified active retirees living in the retirement community nearby as one of its target markets. Carrie then tailored service and marketing messages to the interests and schedules of that audience. The company initially used ________ segmentation and then used ________ segmentation.

A) micromarketing; loyalty
B) lifestyle; macromarketing
C) geodemographic; lifestyle
D) geographic; loyalty
E) behavioral; geodemographic

The term _____ refers to the budgeted cost of work scheduled that has been done.

What is the variable overhead rate variance for the month?

A) $3,010 F
B) $3,010 U
C) $10,435 U
D) $10,435 F

An American-style call option with six months to maturity has a strike price of $35. The underlying stock now sells for $44. The call premium is $14. What is the intrinsic value of the call?

A) $14
B) $9
C) $0
D) $23