Jason purchased ABC stock at $40 per share and DEF stock at $35 per share on the same day in 2015
Exactly 6 months later, the ABC stock is worth $42.00 per share and has not paid a dividend while the DEF stock is worth $36 per share and has paid 2 quarterly dividends of $0.50 each. The holding period returns are
A) ABC, $2.00 and DEF $2.00.
B) ABC 5% and DEF 2.9%.
C) ABC 5% and DEF 5.7%.
D) The holding period return cannot be determined because we do not know the discount rate.
Answer: C
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The credit department
a. prepares credit memos when goods are returned b. approves credits to accounts receivable when payments are received c. authorizes the granting of credit to customers d. none of the above
Which of the following represents a brief personal message after the death of a loved one?
A) A letter of recommendation B) A congratulatory message C) A message of appreciation D) A message of condolence E) A message fostering goodwill
Why is the project duration with the lowest direct costs seldom the optimum duration for a project?
Fill in the blank(s) with the appropriate word(s).
______ rewards are valued returns (such as incentive pay for performance) to the individual in exchange for doing something that the organization desires of the employee (such as work).
A. Lateral B. Intrinsic C. Extrinsic D. Vertical