Two conditions are used to determine whether or not a stock is in equilibrium: (1) Does the stock's market price equal its intrinsic value as seen by the marginal investor, and (2) does the expected return on the stock as seen by the marginal investor equal this investor's required return? If either of these conditions, but not necessarily both, holds, then the stock is said to be in equilibrium.
Answer the following statement true (T) or false (F)
False
Rationale: If one condition holds, then the other must also hold.
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While choosing countries to invest in, companies sometimes choose psychic proximity to their own country. Psychic proximity can best be defined as ________
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The second step in generating a media list that will help a marketer meet MPR goals is
A) hiring the right advertising agency. B) identifying the individual outlets. C) figuring out where consumers shop for particular products. D) harvesting consumers' e-mail addresses. E) purchasing public relations databases.
A significant disadvantage to consumer acceptance of warehouse stores is their lack of brand continuity
Indicate whether the statement is true or false
For already unionized workers, the biggest weakness in U.S. labor law is:
A. Long election delays. B. Delays in first contract settlements. C. The ability of employers to hire permanent replacement workers. D. The narrow scope of collective bargaining.