The combination of ________ and ________ creates a portfolio position for any given product-market

Jan saw an item at a local department store, which she considered purchasing but did not. After

getting home, she changed her mind. Her roommate was going to the same store, so Jan asked the roommate to pick up the item for her. Jan gave her credit card to the roommate and said, "Just sign my name; you know they never check the signature." The roommate purchased the item with Jan's credit card and signed Jan's name. Has the roommate committed forgery? A) Yes, because forgery occurs whenever one person signs the name of another B) No, because the store did not realize that the roommate was not Jan C) No, because the roommate did not intend to defraud either Jan or the store D) Yes, because the roommate misrepresented that she was Jan

The company that prints unemployment insurance checks is named Countercyclical Printing, Inc Countercyclical Printing's beta is -0.75, the risk free rate is 8%, and the risk premium on the market is 7%

What is the equilibrium expected rate of return on Countercyclical Printing's stock? A) -8.75% B) -3.25% C) 2.75% D) 4.50% E) 5.25%