The state in which you operate has contracted out your firm to be the program manager for its 529 program. The 529 college savings plan is not gathering the attention that it used to, so the state has asked that your firm's marketing department produce an advertisement which includes the total return data for the plan. The advertisement is completed in late April, but is not scheduled to run until July. If the advertisement goes online during July as scheduled, with no modifications to include the most current total return data, your firm is responsible for providing a toll-free number where prospective investors viewing the advertisement can obtain return information for which of the following?

[A] The most current data to the past month ended 7 business days prior to the date of any use of the Ad.
[B] The past six months of 529 operation
[C] The past 2 years of 529 operation
[D] The most current data through the past year's end

Verizon communications, inc., provides the following footnote relating to its leasing activities in its 10-k report. the aggregate minimum rental commitments under noncancelable leases for the periods shown at december 31, 2010, are as follows: years (dollars in millions) capital leases operatingleases 2011 $97 $1,898 2012 74 1,720 2013 70 1,471 2014 54 1,255 2015 42 1,012 thereafter 81 5,277 total minimum 418 $ 12,633 rental commitments less interest and (86) executory costs present value of 332 minimum lease payments less current (75) installments long-term obligation $257 at december 31, 2010 (a) confirm that verizon capitalized its capital leases using a rate of 7.4 %. (b) compute the present value of verizon's operating leases, assuming an 7.4% discount rate and rounding the remaining lease term to 3 decimal places. (use a financial calculator or excel to compute. do not round until your final answers. round each answer to the nearest whole number.)