Which of the following is an accurate description of wrongful dishonor of a check?
A) A bank refusing to honor a properly payable check when there are sufficient funds in the drawer's account.
B) A bank refusing to honor a certified check when it is presented for payment more than a year from its date of issue.
C) A bank refusing to honor a check which has been outstanding for only a few days more than six months from the date of issue.
D) A bank refusing to honor an ordinary check when it believes that the payee has altered the amount on the check.
A
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What will be an ideal response?
Stocks A and B each have an expected return of 15%, a standard deviation of 20%, and a beta of 1.2. The returns on the two stocks have a correlation coefficient of +0.6. Your portfolio consists of 50% A and 50% B. Which of the following statements is CORRECT?
A. The portfolio's expected return is 15%. B. The portfolio's standard deviation is greater than 20%. C. The portfolio's beta is greater than 1.2. D. The portfolio's standard deviation is 20%. E. The portfolio's beta is less than 1.2.
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What will be an ideal response?
Choose the correct word or words in parentheses. Everyone must have (his or her, their) student ID card to qualify for tax-free lunches in the school cafeteria