In a given portfolio, replacing an existing investment with a lower beta investment results in _____.
A. an increase in the expected rate of rate return of the portfolio
B. a decrease in the actual rate of return of the portfolio
C. a decrease in the required rate of return of the portfolio
D. an increase in the systematic risk of the portfolio
E. the portfolio beta moving toward 1.0
Answer: C
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Which of the following statements is true of stock option plans?
a. Compensation expense is recorded only if the option price is less than the stock's fair value on the grant date. b. Compensation is measured on the date the stock is issued. c. The issued stock is recorded at the market price, not the option price. d. They all serve to compensate employees.
When a company follows a customer-centric philosophy with a high degree of customer orientation, it is likely to ________.
A. keep everyone up-to-date on the progress of relevant legislation B. align system capability externally so that the organization can respond with competitively similar goods and services C. produce products solely for the loyal customers from higher socio-economic status D. generate an understanding of the marketplace and disseminate that knowledge to everyone in the firm E. place customers at the top of the organizational chart
An example of a type I error would be:
A) throwing away a perfectly good banana. B) counting a student's multiple choice response correct when it is actually incorrect. C) releasing a guilty defendant. D) counting a student's multiple choice response correct when it is actually correct.
Microsoft Access opens a new database by creating a ________
A) new Word document in the cloud B) default Microsoft spreadsheet named A1 C) default table named Table D) shared storage space in the server