A broker is an agent who:
A. trades on the floor of an exchange for himself or herself.
B. buys and sells from inventory.
C. offers new securities for sale to dealers only.
D. is ready to buy or sell at any time.
E. brings buyers and sellers together.
Ans: E. brings buyers and sellers together.
Business
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The covariance of the returns between Wildcat Stock and Sun Devil Stock is 0.09875. The variance of Wildcat is 0.2116, and the variance of Sun Devil is 0.1369. What is the correlation coefficient between the returns of the two stocks?
A) 0.170200 B) 0.293347 C) 0.340823 D) 0.578731
Business
Theory Y leadership assumes _____.
Fill in the blank(s) with correct word.
Business