Which of the following pairs of stocks seem to offer the most diversification benefits?
A) Exxon - Consolidated Coal
B) Exxon - Tesla
C) Netflix - Merck Pharmaceuticals
D) Not enough information to accurately judge since correlation coefficients are not provided.
Answer: D
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Quentin is a member of the Album of the Month Club and receives a new music CD every month without fail
The Club usually gives its members a time period within which they can reject the selection and stop shipment of the CD, failing which the CD will be shipped. Last month, Quentin received a CD from Album of the Month Club, a copy of which a friend had already gifted him. As he was away, Quentin had not found time to reject the selection and had to buy the CD. What kind of an offer-acceptance model does Album of the Month Club have? A) mirror image rule acceptance B) silence as acceptance C) acceptance-upon-dispatch D) unequivocal acceptance
List and discuss five suggestions related to constructing bar charts
You are offered a chance to buy an asset for $4,500 that is expected to produce cash flows of $750 at the end of Year 1, $1,000 at the end of Year 2, $850 at the end of Year 3, and $6,250 at the end of Year 4. What rate of return would you earn if you bought this asset?
A. 19.92% B. 22.87% C. 26.72% D. 22.64% E. 16.98%
Puget Corporation owns 80 percent of Sound Company's voting shares. On January 1, 20X7, Sound sold bonds with a par value of $300,000 when the market rate was 7 percent. Puget purchased two thirds of the bonds; the remainder was sold to nonaffiliates. The bonds mature in ten years and pay an annual interest rate of 6 percent. Interest is paid semiannually on June 30 and Dec 31.Based on the information given above, what amount of interest expense will be eliminated in the preparation of the 20X8 consolidated financial statements?
A. $13,023 B. $8,682 C. $8,730 D. $13,096