Which of the following ranges of returns would indicate a less risky, more stable investment?
A) -3.0% to 4.0%
B) 1.5% to 5.75%
C) .4% to 1.4%
D) -1.7% to 3.75%
Answer: C
Business
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XYZ currently has 100,000 shares outstanding with a market price-per-share of $75. Its book value-per-share is $50. Tomorrow it issues 10,000 new shares, but it sells them at $74/share. Compared to today, its:
a) market value is higher, book value is lower b) market value is higher, book value is higher c) market value is lower, book value is lower d) market value is lower, book value is higher
Business
Ellen has a contract with Sue to buy her riding lawn mower for $200. Ellen has given Sue $200 in cash, and Sue has given Ellen possession of the mower. What is the status of this contract between Sue and Ellen?
a. Executory b. Executed c. Illusionary d. Adhesionary
Business