The rate of investing in mutual funds tends to be positively correlated with economic activity in the U.S., but is negatively correlated with economic activity in other countries.

a. true
b. false

Ans: b. false

Business

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Shasta Co just paid a dividend of $1.65 (D0 ) on its common stock. This company's dividends are

expected to grow at a constant rate of 3% indefinitely. If the required rate of return on this stock is 11%, compute the current value per share of Shasta stock. A) $55.00 B) $15.00 C) $21.24 D) $20.63

Business

No matter what the stage of internationalization, a firm's structural choices always involve ________

A) low standardization procedures B) integration and differentiation C) vertical job specialization D) mass marketing and niche marketing

Business