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Question 1: Howard Beale, a member, uses Outsource Inc., a third-party service provider, to assist him in furnishing bookkeeping and tax work for his clients. This necessitates Howard Beale disclosing confidential client information to Outsource Inc. Howard Beale is not a California licensee, and he practices outside of California. In addition to informing his clients that he is using a third party service provider which of the following is required with respect to the release of such information?
A) Prior to using Outsource Inc's services, Howard Beale enters into a contractual agreement with Outsource Inc. to maintain the confidentiality of the Information. and Howard Beale Is reasonably assured that Outsource Inc. has procedures that will prevent unauthorized release of the information.
B) Specific client consent is obtained prior to releasing the information to Outsource Inc
C) The client must contact Outsource. Inc. to ensure that their confidential Information will not be disclosed.
D) Either a or b is required.
E) All of the above are required.
Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest. How much control does the Fed have over this longer real rate?
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Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.
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