The arbitrage pricing theory recognizes that the return on the market portfolio may not be the only potential source of ________ that affect the returns on equities
A) systematic risks
B) market risks
C) risks premium
D) equity risk
Answer: A
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The law states that a lender must accept money in the repayment of debts. This means that money is a
A. unit of account. B. medium of exchange. C. facilitator of barter exchange. D. legal tender.
Carla and Eliza share income equally. During the current year the partnership net income was $40,000. Carla made withdrawals of $12,000 and Eliza made withdrawals of $17,000. At the beginning of the year, the capital account balances were: Carla capital, $42,000; Eliza capital, $55,000. Eliza's capital account balance at the end of the year is
A) $52,000 B) $58,000 C) $82,000 D) $75,000
The greatest concentration of office buildings and retail stores occurs in the _____ business district
a. unplanned b. central c. neighborhood d. secondary
Although federal banking legislation in the 1860s attempted to eliminate state-chartered banks by imposing a prohibitive tax on banknotes, these banks have been able to stay in business by
A) issuing credit cards. B) ignoring the regulations. C) issuing deposits. D) branching into other states.