Acceptance of an offer must be unconditional, unequivocal, and legally communicated to be effective
a. True
b. False
Indicate whether the statement is true or false
True
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Replevin is an action at law to recover specific goods in the possession of the defendant which are being unlawfully withheld from the plaintiff
a. True b. False Indicate whether the statement is true or false
A company paid $0.48 in cash dividends per share. Its earnings per share is $3.20 and its market price per share is $20.00. Its dividend yield equals:
A. 2.4%. B. 15.00%. C. 6.4%. D. 6.25%. E. 6.67%.
Erick's Transition ? Erick is currently a manager of a small financial planning firm. He is seeking a new career with a large corporation in the banking industry. He recently applied for the financial manager opening at G & T Bank. He is concerned that the transition from his small firm to a large corporation will be difficult. To better prepare himself for this change, he has decided to enroll in a few business classes to strengthen his understanding of corporate finance. The business classes have proven to be a valuable tool for learning the critical skills needed to fully understand a financial plan, equity financing, and debt financing. Erick now believes he has strengthened his competitive advantage in his quest for the job. Refer to Erick's Transition. When Erick has to counsel
clients on short-term versus long-term financing needs, which of the following should he identify as a short-term financing need? A. Speculative production B. Business start-up costs C. Acquisitions and mergers D. Replacement of equipment E. Expansion of facilities
Which of the following is a second way of formulating the Markowitz model?
a. Maximizing the expected return of the portfolio subject to a constraint on variance b. Minimizing the expected return of the portfolio subject to a constraint on variance. c. Maximizing the variance of the portfolio subject to a constraint on the expected return of the portfolio d. Maximizing the variance of the portfolio with no constraint needed for the expected return of the portfolio