If investors speculate in derivative contracts rather than in the underlying asset, they will probably achieve ____ returns, and they are exposed to relatively ____ risk
a. lower; lower
b. lower; higher
c. higher; lower
d. higher; higher
d
Business
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By efficiently managing a firm's operating and cash conversion cycles, the financial manager can maintain a high level of cash investment and thereby contribute toward maximization of share value
Indicate whether the statement is true or false
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Bonds with a high risk of default generally offer high yields
Indicate whether this statement is true or false.
Business