A company that has the use of a vehicle upon payment of a sum of money on a regular basis
A. factoring
B. hire purchase
C. leasing
D. installment credit
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A member of the IMF could withdraw large amounts of money if ______.
A. it has reduced its quota.
B. it has deposited a large quota.
C. it has increased its quota.
D. it has paid tile quota in gold.
If a security bears face value, maturity date and coupon rate, we call it a ______.
A. stock
B. bond
C. coupon
D. preferred stock
Coupon rate on newly issued bonds closely follow the level of interest rates in the economy and ______.
A. change as the interest level changes.
B. will not change once it is set.
C. change as the market price of the bond changes.
D. change according to its maturity date.
What are Tylenol and Neotrend？
A. They are names of two drug manufactures.
B. They are probably two new brands of medicine which serve as a substitute for aspirin.
C. Tylenol is a drug manufacturer whereas Neotrend is a new substitute medicine for aspirin.
D. They are probably the names of chemists who invented the new medicine.
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