The possibility of arbitrage arises when ____________.
A. there is no consensus among investors regarding the future direction of the market, and thus trades are made arbitrarily
B. mispricing among securities creates opportunities for riskless profits
C. two identically risky securities carry the same expected returns
D. investors do not diversify
B. mispricing among securities creates opportunities for riskless profits
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Capital expenditures are costs that are charged to stockholders' equity accounts
a. True b. False Indicate whether the statement is true or false
Some companies use _____ techniques to try to predict what customers are likely to purchase in the future.
A. data-mining B. web scraping C. knowledge extraction? D. information integration?
Managerial accounting information for a company is primarily used by ________.
A) its customers to understand the pricing of the product B) its creditors to understand the credibility of the business C) its employees to plan, direct and control operations D) its investors to make their investment decisions
Adventure Travel signed a 14%, 10-year note for $152,000. The company paid an installment of $2200 for the first month. After the first payment, what is the principal balance? (Do not round any intermediate calculations, and round your final answer to the nearest dollar.)
A) $149,800 B) $150,227 C) $151,573 D) $154,200