Managers have unrealistic expectations about a communications budget when they assume there is a direct relationship between expenditures on advertising and subsequent sales revenues

Which of the following is correct if an underwriter is selling stock to the public at $40 per share, the underwriter receives a $3 per share spread, 2 million shares are sold, and the issuing firm receives $111 million from the underwriter?

A. The underwriter's spread was greater than $3 B. The issue appreciated in price immediately C. The issue included 3 million shares D. The stock was issued on a best efforts basis

In hypothesis testing about a percentage, the sample percent is noted by the letter µ?

Indicate whether the statement is true or false