For a stock to be in equilibrium, two conditions are necessary: (1) The stock's market price must equal its intrinsic value as seen by the marginal investor, and (2) the expected return as seen by the marginal investor must equal his or her required return.
Answer the following statement true (T) or false (F)
True
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Cash flows from borrowing and paying off a 90-day bank loan are classified as
a. operating activities. b. investing activities. c. financing activities. d. purchasing activities.
Which of the following is true in the event an assignee does not provide a notice of assignment to the obligor?
A) The assignee's only course of action is to sue the obligee for damages. B) The assignee cannot sue the assignor for damages. C) The obligor's only recourse is to sue the assignee for damages. D) The assignee cannot sue the obligor to recover payment.
A common law marriage requires a marriage license to be considered valid
Indicate whether the statement is true or false
When the CEO of IDEO, Tim Brown, says, “How Might We?” what is the significance of how?
a. How assumes that the answer is unknown. b. How invites others to participate in the solution. c. How implies that a solution exists and needs to be unearthed. d. How implies a challenge of doubt.