For assets traded in an efficient market, the diversifiable risk can be eliminated through diversification

Indicate whether the statement is true or false


TRUE

Business

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The ______________________________ represents the value of the firm, based on book value of equity and forecasts of expected future earnings, in the absence of discounting for risk

Fill in the blank(s) with correct word

Business

The extensive use of work teams primarily benefits organizations by ___________.

A. creating negative synergy through coordinated efforts B. generating neutral synergy among all employees of the team C. eliminating the need for mutual accountability for results D. generating a potential for creating greater outputs without increasing inputs. E. developing the various team? members' skills such that they are random and varied

Business

If a contract is rescinded, the parties may keep the consideration received

Indicate whether the statement is true or false

Business

Assume the average arrival rate at a service center is five customers per hour. Determine the probability of three customers arriving in any random hour.

A. 4% B. 5% C. 10% D. 14%

Business