Customers who frequently pay bills late or not at all, who makes excuses for their actions

and who blame others for their problems are __________________.

a. noncommittal
b. empathetic
c. self-sufficient
d. immature

d

Business

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The risk-free rate of return is currently 3 percent, whereas the market risk premium is 6 percent. If the beta of Lenz, Inc., stock is 1.8, then what is the expected return on Lenz?

A) 8.40% B) 10.80% C) 13.80% D) 19.20%

Business

Nokia may be surprised to realize that Apple has become its competitor because of their introduction of the iPhone. This is an example of:

a. market uncertainty. b. competitive volatility. c. technological uncertainty. d. unit one cost. e. network externalities.

Business