In perfect capital markets there
A) are no income taxes.
B) are no flotation costs.
C) is no informational content assigned to a particular dividend policy.
D) all of the above
D
Business
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The existence of a substantial market motivates many firms to produce offerings at or near customer locations
Indicate whether the statement is true or false
Business
If Left Bank stock has a beta of 1.25, the return from the market portfolio is 15%, and the Treasury bill return is 5%, what is the required return from the stock?
A) 17.5% B) 12.5% C) 16.0% D) 7.5% E) 15.0%
Business