During the review of a registration statement, the SEC does not pass judgment on the merits of the securities offered

Indicate whether the statement is true or false


TRUE

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Nora and Owen do business as Profit & Property, a real estate investment partnership. In acting on the firm's behalf in a deal with Quaint Village Mall, Nora takes advantage of an opportunity to make a secret profit on her own behalf. To her firm, Nora is liable for? A) breach of the duty of care

B) breach of contract. C) breach of contract. D) nothing.

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Very few 360-degree feedback systems ask employees to provide ratings of their own performance.

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

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What is the total cost of the product?

A) $7,320,000 B) $4,580,000 C) $3,600,000 D) $12,030,000

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GSX stock is selling for $32.40 a share. A 4-month call on GSX stock with a strike price of $35 is priced at $.55. Risk-free assets are currently returning .3 percent per month. What is the price of a 4-month put on GSX stock with a strike price of $35?

A) $2.46 B) $3.48 C) $4.09 D) $2.73 E) $3.02

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