1. The current officers of MTC have decided to form a private investment group for the sole purpose of purchasing MTC. These individuals will borrow 90 percent of their offer price. The purchase of this firm is referred to as a:
A. Consolidation.
B. Leveraged buyout.
C. Proxy contest.
D. Conglomeration.
E. Merger.
2. When calculating property tax rates to balance a budget, do I subtract elderly tax exemptions from property value?
3. Compare the risk of buying a U.S. government bond to that of buying a corporate bond.