A stock is valued at $55.00. The annual expected return is 12.0% and the standard deviation of annualized returns is 22.0%

If the stock is lognormally distributed, what is the price of the stock given a one standard deviation move up after 3 years?
A) $64.41
B) $74.41
C) $84.41
D) $94.41

C

Business

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Which of the following best describes the cultural area of control?

a. the organization's hierarchical arrangement b. advertising budgets c. using performance evaluations to measure productivity d. using organizational norms to influence performance

Business

On a standard cost income statement, the variances with debit balances are shown in parentheses because they are contra expenses and therefore decrease the expense Cost of Goods Sold

Indicate whether the statement is true or false

Business