The volatility of Home Depot share prices is 30% and that of General Motors shares is 30%. When I hold both stocks in my portfolio with an equal amount in each, and the stocks returns have a correlation of minus 1,

the overall volatility of returns of the portfolio is ________.
A) more than 30%
B) unchanged at 30%
C) zero
D) equal to 60%


Answer: C

Business

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Kevin sees himself as an athlete, a student, and a son. These are characteristics of Kevin’s ______.

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Which is the WEAKESTguide for dressing appropriately for a presentation?

a. Always wear a business suit. b. Err on the side of conservatism rather than flamboyance. c. Wear a hairstyle that is neat and complements your physical features. d. Dress in a way that does not draw attention to specific items of clothing or jewelry.

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Which of the following statements about sales training is true?

A. Sales training is usually needed only for new salespeople. B. Sales training programs should focus on product and company information, since research shows that training is not effective in developing selling skills. C. Sales training should be modified based on the experience and skills of the group involved. D. Sales training should include on-the-job observation, but classroom and web-based learning is rarely needed. E. Sales training usually isn't necessary if a new salesperson has had similar selling experience calling on the same customers for a competing company.

Business

Intraorganizational bargaining is generally not seen in unions because the members and union officials are very good at hiding their different agendas.

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

Business