The beta of the market is
A) -1.0.
B) 0.0.
C) 1.0.
D) undefined.
Answer: C
Business
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When issuing new stock, a firm received $50 million while the underwriting spread was $4 million and total direct expenses were $6 million. The %age of the proceeds absorbed by direct expenses was:
A. 7.14% B. 8.00% C. 10.71% D. 12.00%
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You should be particularly wary if an offer is received on your listing that contains the word(s)
a. "subordination." b. "transfer disclosure." c. "time is of the essence." d. "liquidated damages."
Business