A stock can have only one market value, but different investment values for different investors

Indicate whether the statement is true or false.

Answer: TRUE

Business

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Your investment advisor informs you that you do not need to pay a fee for his services. Instead, he invests your money for one month and keeps all of the proceeds before investing it for you

If your advisor makes and keeps a 2% return on your investment, what is his EAR if the earnings rate could be extrapolated for one year? A) 2.00% B) 24.00% C) 26.82% D) 126.82%

Business

If the auditor lacks independence, a disclaimer of opinion must be issued

A) if the client requests it. B) only if it is highly material. C) only if it is material but not pervasive. D) in all cases.

Business