Combining uncorrelated assets can reduce risk—not as effectively as combining negatively correlated assets, but more effectively than combining positively correlated assets

Backford Company just paid a dividend yesterday of $2.25 per share. The company's stock is

currently selling for $60 per share, and the required rate of return on Backford Company stock is 16%. What is the growth rate expected for Backford Company dividends assuming constant growth? A) 9.89% B) 11.81% C) 9.47% D) 10.87%

WLAN-based Internet access derives from the same technological foundations as telephone-based wireless Internet access

Indicate whether the statement is true or false