A firm's ________ should guide employment planning and determine the types of skills and competencies the firm needs

Which of the following is a marketable security?

A) mutual funds B) treasury bill C) provident fund D) forward contracts

An application of the capital asset pricing model, called the security market line, is more inclusive than the dividend growth model for pricing stocks and provides expected returns for companies based on their risk,

the premium for taking on risk, and the reward for waiting and not on their historical pattern of dividends. Indicate whether the statement is true or false.