If no other estimator of a given parameter has a sampling distribution with a smaller variance, the estimator used is best characterized as:
A. consistent
B. unbiased
C. efficient
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A five-year bond with an 8.00 percent semiannual coupon currently trades at 102.345 percent of a par value of $1,000. Which of the following is closest to the current yield on the bond?
A. 3.91%.
B. 7.43%.
C. 7.82%.
Does trading take place only once a day at closing market prices in the case of:Exchange traded funds? Traditional mutual funds?
A. No No
B. No Yes
C. Yes No
Two firms build identical buildings with identical costs over the same 2-year period. Firm A pays for the $1 million cost of construction with general cash flow and has no debt on its books. Firm B bo
A. FirmA,$1,200,000;Firm B,$1,200,000.
B. FirmA,$1,200,000;Firm B,$1,000,000.
C. FirmA,$1,000,000;Firm B,$1,200,000.
A lessee company named YYK corporation entered into a new capital lease agreement with its partner. The lease payments are $200,000 annually and are due at the end of each year for ten years. The appr
A. $61,446.
B. $122,891.
C. $245,782.