Business, 02.04.2020 19:01 tmontefalcon2424
It is well known that the stock market e¢ ciently incorporates information. Which of the following statements is INCORRECT (does not make sense) assuming that the stock market is semi-strong form e¢ cient.(a) "The reported earnings of Caterpillar was much higher than investors expectations. Therefore, the Caterpillar stock price increased sharply in response to the earnings news."(b) "It is expected that the oil price increase will boost provits of Exxon Mobil during the next quarter. Therefore, Exxon Mobilís stock price should appreciate during the next quarter."(c) "Everyone expects the Federal Reserve to announce an increase of the interest rate tomorrow. Therefore, the announcement may not affect stock prices tomorrow."(d) "When the stock prices incorporate information efficiently, stock prices behave like random walks, i. e., their price changes (or returns) are difficult to predict."
Answers: 1
Business, 22.06.2019 04:00
Wallis company manufactures only one product and uses a standard cost system. the company uses a predetermined plantwide overhead rate that relies on direct labor-hours as the allocation base. all of the company's manufacturing overhead costs are fixed—it does not incur any variable manufacturing overhead costs. the predetermined overhead rate is based on a cost formula that estimated $2,886,000 of fixed manufacturing overhead for an estimated allocation base of 288,600 direct labor-hours. wallis does not maintain any beginning or ending work in process inventory.
Answers: 2
Business, 22.06.2019 07:30
When selecting a savings account, you should look at the following factors except annual percentage yield (apy) fees minimum balance interest thresholds taxes paid on the interest variable interest rates
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Business, 22.06.2019 09:30
Darlene has a balance of 3980 on a credit card with an apr of 22.8% paying off her balance and which of these lengths of time will result in her paying the least amount of interest?
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Business, 22.06.2019 10:50
Bill dukes has $100,000 invested in a 2-stock portfolio. $62,500 is invested in stock x and the remainder is invested in stock y. x's beta is 1.50 and y's beta is 0.70. what is the portfolio's beta? do not round your intermediate calculations. round the final answer to 2 decimal places.
Answers: 2
It is well known that the stock market e¢ ciently incorporates information. Which of the following s...
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