Julia started a cake decorating business last year. unfortunately it failed quickly. she is convinced that she lacked the necessary funds to promote her business and get it off the ground what did julia experience? a) inadequate financial control b) undervalued inventory c) undercapitalization d) a cash flow issue

Consider a treasury bill with a rate of return of 5% and the following risky securities: security a: e(r) = .15; variance = .0400 security b: e(r) = .10; variance = .0225 security c: e(r) = .12; variance = .1000 security d: e(r) = .13; variance = .0625 the investor must develop a complete portfolio by combining the risk-free asset with one of the securities mentioned above. the security the investor should choose as part of her complete portfolio to achieve the best cal would be a. security a b. security b c. security c d. security d