Label each of the following statements true, false, or uncertain. explain your choice carefully.

(a) the present discounted value of a stream of returns can be calculated in real or nominal terms.
(b) the higher the one-year interest rate, the lower the present discounted value of a payment next year.
(c) one-year interest rates are normally expected to be constant over time.
(d) bonds are a claim to a sequence of constant payments over a number of years.
(e) the yield curve normally slopes up.

According to ceo heidi ganahl, camp bow wow requires a strong and consistent corporate culture to keep all local franchise owners "on the same page" and to follow a common template for the business and brand. this culture could become detrimental over time because: (a) strong consistent cultures are inflexible and incapable of adapting to environmental change (b) strong consistent cultures are too flexible and capable of adapting to environmental change (c) strong consistent cultures don’t perform well in any environment (d) the passing of time provides stability and predictability for businesses

China white was the black market selling of ivory, in which the profit was redistributed back into the trafficking of heroin.

At the save the fish nonprofit organization, jenna is responsible for authorizing outgoing payments, rob takes care of recording the payments in the organization's computerized accounting system, and shannon reconciles the organization's bank statements each month. this internal accounting control is best known as a(n) a. distribution process. b. segregation of duties c. specialized budget d. annotated financial process