Rogue Recreation, Inc has normally distributed returns with an expected return of 15% and a
standard deviation of 5%, while Lake Tours, Inc has normally distributed returns with an expected
return of 15% and a standard deviation of 15%.
Which of the following is true?
A) Rogue Rec is likely to experience returns larger than those of Lake Tours.
B) Rational investors will prefer Lake Tours, Inc. over Rogue Recreation, Inc.
C) Lake Tours is more likely to have negative returns than Rogue Rec.
D) Lake Tours' investors are not being adequately compensated for relevant risk.
C
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A) replace all diagrams with photographs. B) master basic image-processing functions. C) determine the communication value of each photograph. D) observe copyrights and model permissions. E) use photographs except on the front page of the document
Job 222 started on June 1 and finished on July 15. Total cost on July 1 was $12,400, and the costs added in July were $188,500. The entry for the sale at a price of $310,000 would be:
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