For a stock to be in equilibrium-that is, for there to be no long-term pressure for its price to change-the
A. expected future return must be less than the most recent past realized return.
B. past realized return must be equal to the expected return during the same period.
C. required return must equal the realized return in all periods.
D. expected return must be equal to both the required future return and the past realized return.
E. expected future return must be equal to the required return.
Answer: E
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A job description typically identifies
a. the supervisor's leadership style. b. specific responsibilities and duties. c. clothes to be worn. d. all of these choices.
CJ is conducting a disciplinary investigation of an employee. Which of the following is NOT one of the questions he might ask when determining if the rule has been uniformly enforced?
A. Have all managers applied this rule consistently? B. What punishment have previous offenders received? C. Is there direct or only indirect evidence of guilt? D. Were any other employees involved in this offense?
A disadvantage of doing a business as a limited liability limited partnership formed under the Limited Partnership Act of 2001 is that
A. general partners do not have limited liability for the debts and obligations of the partnership. B. the limited liability limited partnership is not formed until the proper documentation is filed with the secretary of state. C. limited partners may not participate in the management of the partnership business. D. the limited liability limited partnership is subject to double taxation.
When is it appropriate to use limit orders?
What will be an ideal response?