A stock had returns of 8 percent, 39 percent, 11 percent, and ?24 percent for the past four years. Which one of the following best describes the probability that this stock will not lose more than 43 percent in any one given year?
A) 92.5 percent
B) 95.0 percent
C) 97.5 percent
D) 84.0 percent
E) 99.5 percent
C) 97.5 percent
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Paula's management professor just told her class that the final exam is optional for students like Paula who currently have an A. Paula decides to take the exam anyway because she likes the subject and wants to master the material. Paula is motivated to take the exam by a(n)
A. hygiene factor. B. physiological need. C. high need for power. D. extrinsic reward. E. intrinsic reward.
Suppose you are an investor with a choice between three investments in debt securities that are identical in every way except in terms of their interest rates and taxability. Investment A:Interest rate 10 percent, tax rate 40 percent of interest incomeInvestment B:Interest rate 8 percent, tax rate 30 percent of interest incomeInvestment C:Interest rate 6.5 percent, tax rate 0 percentWhich investment provides the highest after-tax return? Show your work.
What will be an ideal response?
Under which of the following conditions will the first-in, first-out method of process costing produce the same cost of goods manufactured amount as the average cost method?
a. When goods produced are homogeneous in nature b. When there is no beginning inventory c. When there is no ending inventory d. When beginning and ending inventories are each 50 percent complete
Which major external business force requires organizations to continually improve their products to create value?
A. Suppliers B. Labor force C. Customers D. Governments E. Competition