In the CAPM, the only source of systematic risk is

A. changes in government policy.
B. changes in inflation rates.
C. fluctuations in the foreign exchange rate.
D. overall movement of the stock model.


Answer: D

Business

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If a complaint concerning false or misleading advertising is referred to the Better Business Bureau, it would first be heard by the National Advertising Review Board (NARB)

Indicate whether the statement is true or false

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Andy Cole sells fiberglass resins and fiberglass wire to the many small sailboat manufacturers in southern California. He takes title to the products but does not handle them. Instead, the resins are shipped in 50-gallon barrels directly from the producer to the sailboat manufacturers. Cole is a

A. cash-and-carry wholesaler. B. specialty wholesaler. C. manufacturers' agent. D. drop-shipper. E. selling agent.

Business

Smith Corporation is involved in the evaluation of a new computer-integrated manufacturing system. The system has a projected initial cost of $1,000,000 . It has an expected life of six years, with no salvage value, and is expected to generate annual cost savings of $250,000 . Based on Smith Corporation's analysis, the project has a net present value of $57,625. Refer to Smith Corporation. What

discount rate did the company use to compute the net present value? Present value tables or a financial calculator are required. a. 10% b. 11% c. 12% d. 13%

Business

Cubicle office layouts ______.

a. promote communication b. are enclosed by walls c. are popular in manufacturing plants d. are popular in job shops

Business