The SML relates required returns to firms' systematic (or market) risk. The slope and intercept of this line can be influenced by a manager's actions.

Answer the following statement true (T) or false (F)


False

Rationale: The slope and intercept of the SML are determined by the market, generally not the actions of a single firm. However, managers can influence their firms' beta, and thus their firms' required returns.

Business

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What will be an ideal response?

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A) is most often used for direct material costs. B) is most often used for manufacturing overhead costs. C) is most often used for direct labor costs. D) is most often used for nonmanufacturing costs.

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Fill in the blank(s) with the appropriate word(s).

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Indicate whether the statement is true or false

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