If a stock's expected return as seen by the marginal investor exceeds his or her required return, then the investor will buy the stock until its price has risen enough to bring the expected return down to equal the required return.

Answer the following statement true (T) or false (F)


True

Business

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The rights of preferred shareholders may vary from corporation to corporation.

Answer the following statement true (T) or false (F)

Business

Long-term goals set into the future are called ______ goals.

A. behavioral B. operational C. implementation D. performance

Business

Andrew is employed as a chief financial officer of EasyMoney in New York City, for a salary of $200,000 per year on a three-year contract. His employer terminates Andrew with two years left on the contract

Andrew accepts employment as a financial analyst at a different firm that pays $150,000 per year. Which of the following hold true in this scenario? A) Andrew cannot take any legal action against his prior employer after accepting another job. B) Andrew's prior employer must pay Andrew two years' worth of his previous salary. C) Andrew can only sue to receive nominal damages. D) Andrew can sue his prior employer and recover $100,000.

Business

Before preparing a sales message for a digital video recorder, Russell will need concrete answers to questions such as

a. What will the product do for the receiver? b. What are the products inferior features? c. How is the product similar to other competing products currently being used? d. What is the cost to the company to produce the product?

Business