How is a credit union different from a retail bank? a. a credit union is a nondepository institution; a retail bank takes customer's deposits. b. a credit union is a nonprofit entity; a retail bank is a for-profit entity. c. a credit union and a retail bank refer to the same entity; there is no difference between them. d. a retail bank is membership-only; a credit union deals with the general public.

Which of the following statements about the relationship between economic costs and accounting costs is true? multiple choice accounting costs are equal to or greater than economic costs. accounting costs must always equal economic costs. accounting costs are always greater than economic costs. accounting costs are always less than or equal to economic costs.

When you hire an independent contractor you don't have to pay the contractors what

Jallouk corporation has two different bonds currently outstanding. bond m has a face value of $50,000 and matures in 20 years. the bond makes no payments for the first six years, then pays $2,100 every six months over the subsequent eight years, and finally pays $2,400 every six months over the last six years. bond n also has a face value of $50,000 and a maturity of 20 years; it makes no coupon payments over the life of the bond. the required return on both these bonds is 10 percent compounded semiannually. what is the current price of bond m and bond n?