31) The observed empirical fact that stocks attract particular investors based on the firm's dividend policy and the resulting tax impact on investors is called the:
A) information content effect.
B) clientele effect.
C) efficient markets hypothesis.
D) MM Proposition I.
E) MM Proposition II.
B) clientele effect.
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Listed below are steps of procuring materials for production: 1 . The receiving clerk checks the quantity and quality of incoming materials. 2 . The purchasing agent issue the purchase order to the vendor. 3 . The production floor supervisor issues a materials requisition. 4 . The storeroom clerk issues a purchase requisition. In which order would these events typically happen?
a. 3, 2, 4, 1 b. 3, 4, 2, 1 c. 2, 1, 3, 4 d. 4, 2, 1, 3
A product was priced assuming an 80% learning curve. How much extra labor (in %) will be required on the 4th product if the learning curve is actually 90%?
What will be an ideal response?
Studies of mutual fund performance indicate that mutual funds that outperformed the market in one time period
A) usually beat the market in the next time period. B) usually beat the market in the next two subsequent time periods. C) usually beat the market in the next three subsequent time periods. D) usually do not beat the market in the next time period.
To measure an investment's risk, you may use all of the following except
A) time value of money. B) range of returns. C) standard deviation of returns. D) subjective measures of risk.