If the reason that you have become a season-holder for the baltimore Orioles is that your father took you to games when you were a child, then an environmental factor led you to your decision to purchase the season tickets.

When a capital budgeting project generates a positive net present value, this means that the project earns a return higher than the

a. internal rate of return. b. annual rate of return. c. required rate of return. d. profitability index.

Which one of the following statements is correct concerning dollar cost averaging plans?

A) Dollar cost averaging is an active trading strategy. B) Dollar cost averaging is a short-term trading strategy. C) The goal of dollar cost averaging is current dividend income. D) The goal of dollar cost averaging is long-term capital appreciation.