The truly wonderful thing about diversification is that 100% of risk can be diversified away, given a large enough portfolio
Indicate whether the statement is true or false.
Answer: FALSE
Explanation: Only unsystematic risk can be diversified away, not total risk.
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Following World War II, Nazi war criminals often used the ______, claiming they were merely following orders.
A. Nuremberg Defense B. German solder argument C. Hitler argument D. propaganda/paranoia defense
On March 1, 2018, Everson Services issued a 4% long-term notes payable for $16,000. It is payable over a 4-year term in $4000 annual principal payments on March 1 of each year plus interest, beginning March 1, 2019. Each yearly installment will include both principal repayment of $4000 and interest payment for the preceding one-year period. On March 1, 2019, ________. The accounting period ends on December 31.
A) Everson must accrue $4000 of Interest Expense B) Everson must accrue the next note payment of $4000 as the current portion of principal payment C) Everson must pay $640 of interest to the note holder D) Everson will receive $4000 as an installment payment
_____ refers either to the sound that a speaker gives to the letters or letter combinations that make up a word or to the way in which the speaker accents the word
Fill in the blank(s) with correct word
If a wife inherits a mink coat from her grandmother before her marriage, that mink coat will be considered:
A) a marital asset. B) a separate asset. C) an item of divisible property. D) an item that can be included in community property.