The PRAM model for risk management proposes that risk management follow a life cycle much as projects follow a life cycle
Indicate whether the statement is true or false
TRUE
Business
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The common stock of Big Birds Unlimited has a required return of 8 percent and a growth rate of 4 percent. The last annual dividend was $.60 a share. What is the current price of this stock?
A) $7.50 B) $7.80 C) $10.00 D) $15.00 E) $15.60
Business
In the forward market the bid-ask spreads begin to ________ as the maturity date of the contract grows closer
A) widen B) narrow C) stabilize D) disappear
Business