An efficient capital market is one in which:
A) Security prices reflect available information.
B) Risky securities offer a positive rate of return to investors.
C) Information is distributed fairly.
D) After-tax returns are equalized.
E) Prices fluctuate smoothly.
A
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Which of the following conditions is (are) appropriate for using retention? I. Losses are difficult to predict. II. The worst possible loss is not serious
A) I only B) II only C) both I and II D) neither I nor II
The time it takes a parent to assemble a children's bicycle has been shown to be normally distributed with a mean equal to 295 minutes with a standard deviation equal to 45 minutes
Given this information, the probability that it will take a randomly selected parent more than 220 minutes is about 0.0475. Indicate whether the statement is true or false