The response rate for the quarterlysurvey is typically 5% to 6%. The third group was 253CFOs who participate in the Forum on CorporateFinance. Finally, 107 financial officers who are alumniof Duke University were faxed a survey instrument (theresults do not change if the faxed responses are ignored).All total, approximately 9,000 U.S.-based CFOs weresurveyed. We received 549 responses, for a responserate of approximately 6%.
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