Which of the following methods of picking stocks is not consistent with fundamental analysis?
a. doing research such as thoroughly reading and analyzing companies' annual reports
b. choosing mutual funds that are managed by individuals with good reputations
c. viewing individual stock prices as unpredictable
d. relying upon the advice of Wall Street analysts
c
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Ashton has the utility of wealth curve shown in the above figure. He owns a sports car worth $30,000, and that is his only wealth. Ashton is a careless driver and there is a 30 percent chance that he will have an accident within a year
If he does have an accident, his car is worthless. What is Ashton's expected utility? A) 100 B) 30 C) 70 D) zero
Referring to a bank's t-account, equity refers to
A) the difference between total assets and total liabilities. B) the sum of total assets and total liabilities. C) the ratio of the total assets and total liabilities. D) none of the above.