Max buys shares of newly issued Zamex Corporation stock for $10 per share and pays $1,000 cash, a car worth $2,000, and a promissory note for $5,000. Under traditional corporate law, followed in about half of the states, how many shares of stock could Max validly buy?

In three years you will begin receiving an annual payment of $600 that will be made for two years. If the annual interest rate is 12%, what will be the balance in your account at the end of the fourth year?

A) $2,025 B) $1,344 C) $1,272 D) $1,200 E) $1,260

A rational investor will require the same return from a corporate security as from a government security

Indicate whether the statement is true or false.