Younger drivers, especially males, between the ages of 16 and 25 are more likely to get in accidents and therefore pay higher insurance premiums

Transaction exposure could arise when borrowing or lending funds when repayment is to be made in the firm's domestic currency

Indicate whether the statement is true or false.

Generally, the market price of a stock is

A) below its book value. B) above its book value. C) equal to its par value. D) equal to its book value.