If the stock market is efficient and investors are risk neutral, then
A. capital gains are always positive.
B. stock prices are predictable.
C. the CAPM model works perfectly.
D. stock prices follow a random walk.
Answer: D
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The report on internal control required by the Sarbanes-Oxley Act of 2002 may be prepared by either management or the company's auditors
a. True b. False Indicate whether the statement is true or false
Of the three cost-flow assumptions, when prices rise FIFO results in balance sheet figures that are _____, cost of goods sold will _____, and _____ reported net income
a. closest to current cost, be out of date, highest b. out of date, closest to current cost, highest c. closest to current cost, be out of date, lowest d. out of date, closest to current cost, lowest e. closest to current cost, closest to current cost, highest
Offering a counterproposal may eliminate the need to state the refusal directly
Indicate whether the statement is true or false
Consider any collection of tasks to be assigned to stations in a line balancing exercise. Use the equation for determining the minimum number of stations to derive an upper bound on the efficiency of the actual line balance for those same tasks
What will be an ideal response?