Susan owned a home prior to marriage to Carlos, Upon marriage, Susan's home:
a. remains her separate property unless commingled
b. automatically becomes community property
c. is converted to joint tenancy
d. must have a deed recorded showing her married name
Answer: a. remains her separate property unless commingled
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Using the dividend discount model, what is the cost of equity capital for Zeller Mining if the company will pay a dividend of C$2.30 next year, has a payout ratio of 30 percent, a return on equity (ROE) of 15 percent, and a stock price of C$45?
a. 9.61 percent. b. 10.50 percent. c. 15.61 percent.
The three sigma limits for a process whose distribution conforms to the normal distribution include approximately:
A) 50% of the observed values, in the long run. B) 68% of the observed values, in the long run. C) 95% of the observed values in the long run. D) 99% of the observed values in the long run.