The return on the market portfolio is currently 12%. Mobile Phone Corporation stockholders

require a rate of return of 30% and the stock has a beta of 3.2. According to CAPM, determine the
risk-free rate.

A) 4.64% B) 6.50% C) 3.82% D) 9.80%


C

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Sourcing of products from sweatshops is a major issue with most retailers as the labour abuses include:

A) child labour B) poor working conditions C) poor health and safety D) low pay E) all of the above

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________ are customers who show low potential profitability and little projected loyalty

A) True friends B) Barnacles C) Strangers D) True believers E) Butterflies

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A ______ is a simplified version of an infographic.

a. photocopy b. photograph c. pictograph d. picture

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Dirk is the maker of a note, on which Erv is secondarily liable. Friendly Credit Company is the current holder of the note. Erv will be obligated to pay the note if

A. Dirk defaults on the note. B. Friendly Credit breaches a transfer warranty. C. Friendly Credit negotiates the note to a third party. D. Friendly Credit presents the note for payment.

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