_________ a statement of the beliefs typically held by managers in a Corporation.

Fill in the blank(s) with the appropriate word(s).

Ans: Corporate credo

Business

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In finance, we separate operating decisions from financing decisions and thus exclude ________ as a part of operating income from the income statement

A) cash flow B) dividends C) interest expense D) earnings

Business

The parameters in a GARCH (1,1) model are: omega =0.000002, alpha = 0.04, and beta = 0.95 . The current estimate of the volatility level is 1% per day. What is the expected volatility in 20 days?

A. 1.09% B. 1.10% C. 1.11% D. 1.12%

Business