A behavioral description interview focuses on hypothetical situations.
Answer the following statement true (T) or false (F)
False
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Lindsay purchased a raffle ticket for $5. Just before the grand prize drawing two people tried to buy her ticket. The first person offered $30, and another offered $65. What is Lindsay's opportunity cost of keeping the raffle ticket?
A. $65 B. $60 C. $90 D. $95
Only through ________ can trust be supported to bridge the gap between sellers and buyers.
A. faith B. success C. truth D. planning E. purpose
Michelak's Maritime Industries has relatively stable earnings and pays an annual dividend of $3.00 per share
This dividend has remained constant over the past few years and is expected to remain constant for some time to come. If you want to earn 11% on an investment in the common stock of Michelak's, how much should you pay to purchase each share of stock? A) $12.50 B) $18.88 C) $20.83 D) $27.27
Which of the following are reasons why a person may want to warehouse liquidity?
I. protect against total loss II. ability to exploit future opportunities III. capitalize on the high rates of return available on cash IV. protect against the need to disturb the existing portfolio A) I and II only B) I, II and IV only C) II, III and IV only D) I, II, III and IV