Two assets whose returns move in the same direction and have a correlation coefficient of +1 are very risky assets
Indicate whether the statement is true or false
FALSE
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According to Project GLOBE, ________ refers to the degree to which individuals in organizations or societies encourage and reward individuals for fairness, altruism, generosity, caring, and kindness toward others
A) institutional collectivism B) in-group collectivism C) humane orientation D) performance orientation
Someone whose word is untrue and unreliable risks _____________________, either personal or legal
a. disclosure and sanctions b. an audit c. a bad reputation at work d. missing opportunities
Data processing systems that performed record-keeping functions that mimicked existing manual procedures were called ______.
a. file-oriented data structures b. small database structures c. data warehouses d. electronic data storage
Under the TILA, a qualified mortgage (QM) A) limits up-front points and fees to 5 percent
B) limits all of a borrower's debt to 43 percent of his or her income. C) allows balloon payments only if the borrower agrees up front. D) must allow for interest only periods.