Which of the following are advantages of the buy and hold strategy?
I. rapid accumulation of wealth
II. low transaction costs
III. capital gains taxed at the long-term rate
IV. portfolio requires less time and energy to manage than for most other strategies
A) I and II only
B) II and III only
C) II, III and IV only
D) I, II, III and IV
Answer: C
Business
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Based on the information in Table 4-1, the operating profit margin is
A) 37.5%. B) 47.5%. C) 26.4%. D) 32.8%.
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