A planning horizon is usually between three and five years

Indicate whether the statement is true or false.

Answer: FALSE

Business

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In a sales contract the buyer receives equitable title to the property, this entitles the buyer to:

A. Take possession of the property B. Assume the seller's loan. C. Sue for specific performance. D. Have the property rezoned.

Business

The average annual return over the period 1926-2009 for the S&P 500 is 12.8%, and the standard deviation of returns is 21.4%. Based on these numbers, what is a 67% confidence interval for 2010 returns?

A) -1.3%, 20.5% B) -8.6%, 34.2% C) -25.8%, 54.7% D) -25.8%, 47.9%

Business