In practice which market index would best be used as a proxy for the market portfolio in the CAPM?
A) S&P 500
B) Dow Jones Industrial Average
C) U.S. Treasury Bill
D) Wilshire 5000
D
Business
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Which one of the following statements is NOT correct?
A) A leveraged firm is more risky than a firm that is not leveraged. B) A leveraged firm is less risky than a firm that is not leveraged. C) A firm that uses debt magnifies the return to its shareholders. D) All of the above statements are correct.
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Answering questions at the end of a presentation gives you a chance to
A) change the presentation to better reach the audience. B) provide the information that is of most interest to the audience. C) establish ground rules for questions. D) emphasize your supporting points. E) respond to the backchannel.
Business