If A and B are independent events with P(A) = .2 and P(B) = .6, then P(A ? B) = _____

Which of the following is NOT considered to be an important choice when estimating beta?

A) The choice of the time horizon to use for estimation B) The choice of method used to extrapolate beta C) The choice between weekly and monthly returns D) The choice of index used as the market portfolio

The interest expense recorded on an interest payment date is increased

a. only if the market rate of interest is less than the stated rate of interest on that date b. by the amortization of premium on bonds payable c. by the amortization of discount on bonds payable d. only if the bonds were sold at face value