Analysts state that the required return from Plummet Soft Drinks stock is 25%, and the returns from Treasury bills and the market portfolio are 4% and 20%, respectively. What is Plummet's beta?

A) 0.79
B) 1.00
C) 0.05
D) 1.31
E) 1.13

D

Business

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A major cost in the purchasing function is the number of purchase orders processed. One technique that may reduce purchasing-related expenses is to have suppliers compete with each other to meet demand at the lowest price. The name of this technique is

A) an EDI auction. B) a trading exchange. C) a reverse auction. D) a supplier consortium.

Business