You expect interest rates to decline and wish to capitalize on the anticipated changes in bond prices. To realize your maximum gain, all else constant, you should purchase _____ bonds.

A) Short-term; low coupon.
B) Short-term; high coupon.
C) Long-term; zero-coupon.
D) Long-term; low coupon.
E) Long-term; high coupon.

Behavior of members in a group in stage IV of its life is characterized by

A) the search for structure.
B) confrontation with the leader.
C) power struggle to affiliation.
D) active resolution of conflict.

The process by which older members of a society transmit to younger members the social skills and knowledge needed to function effectively in that society is called culture modification.

Intelligence counteracts biases as less smart people are more prone to them.

Which of the following transactions is governed by Article 2 of the UCC?

A) The sale of an apartment complex.
B) The sale of oranges to be picked from a 10-acre grove.
C) The sale of common stock of a soft drink company.
D) A contract to receive medical services in a hospital.

Market Data Corporation is required to file a registration statement with the Securities and Exchange Commission. This statement must contain

A) a copy of prospectuses to be provided to investors.
B) a description of securities being offered for sale.
C) a record of pre-registration sales in securities.
D) a statement that securities being offered for sale are worth the price.

B2B marketing involves manufacturers, wholesalers, and service firms.