When stock prices are unpredictable, they are said to
A. be riskless.
B. follow a random walk.
C. lack a martingale.
D. be ex-dividend.
Answer: B
You might also like to view...
An attractive way of illustrating trends and changes over time is to use a line chart
Indicate whether the statement is true or false
Use this information to answer the following question. These facts concern the long-term stock investments of Alpha Corporation: June 1, 2009 Paid cash for the following long-term investment: 5,000 shares Carey Corporation common stock (representing 5 percent of outstanding stock) at $40 per share; 3,000 shares Burns Corporation common stock (representing 3 percent of outstanding stock) at $24
per share. Dec. 31, 2009 Quoted market prices at year end: Carey common stock, $35; Burns common stock, $27. April 1, 2010 A change in policy required the sale of 1,000 shares of Carey Corporation common stock at $38. July 1, 2010 Received a cash dividend from Burns Corporation equal to $.30 per share. Dec. 31, 2010 Quoted market prices at year end: Carey common stock, $39; Burns common stock, $22. The entry to set up the Allowance to Adjust Long-Term Investments to Market in 2009 is: a. Long-Term Investments 16,000 Realized Loss 16,000 b. Realized Loss 16,000 Long-Term Investments 16,000 c. Allowance to Adjust Long-Term Investments to Market 16,000 Long-Term Investments 16,000 d. Unrealized Loss on Long-Term Investments 16,000 Allowance to Adjust Long-Term Investments to Market 16,000
The U.S. government does not generally regulate private spaceports and the launch and reentry of private spacecraft.
Answer the following statement true (T) or false (F)
Robert, a minor, buys a stereo from Jane for $200 . State law allows a minor to disaffirm contracts within a reasonable time after turning 18 . Robert disaffirms the contract the day after turning 18 and returns the stereo
a. This contract was a valid contract, Robert cannot disaffirm. b. This contract was a voidable contract, Robert can disaffirm. c. This contract was a void contract. d. This contract was unenforceable because it needed to be in writing to be enforceable.