France is leading in the rankings showing expenditures for outdoor advertising as percentage of total ad spending
Indicate whether the statement is true or false
TRUE
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An investor buys a T bill with 180 days to maturity and $250,000 par value for $242,000. He plans to sell it after 60 days, and forecasts a selling price of $247,000 at that time. What is the annualized yield based on this expecta¬tion?
A) about 10.1 percent B) about 12.6 percent C) about 11.4 percent D) about 13.5 percent E) about 14.3 percent
Why should a younger investor, saving for the long term, have most of their money in common stocks?
A) Over time, common stocks generate the largest average returns. B) Investors with lots of time ahead of them have the opportunity to recover from a serious investment set-back. C) They require the least amount of knowledge, research and expense. D) All of the above are correct. E) Only A and B are correct.