The spot price of corn is $2.60 per bushel. The opportunity cost of capital for an investor is 0.6% per month. If storage costs of $0.03 per bushel per month are factored in, all else being equal,

One of the causes of the recent financial crisis in the United States has been excessive risk taking due to

underestimation of risk. How does this relate to shareholder wealth maximization and financial leverage? Can overestimation of risk also be detrimental?

Which strategy applies to investors who fund long-term goals with high-quality stocks which they retain for the entire investment period?

A) quality long-term growth B) buy and hold C) speculation D) current income