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NEW QUESTION: 1
The stock of eBay, Inc. (EBAY) currently has a beta of 1.67. Based on this, which of the following statements are necessarily true?
I. If the market is up 5%, an investor can expect the returns on eBay to increase by 1.67 times this amount, or 8.35%.
II. eBay would be a particularly good investment for an investor with a short investment horizon.
III. The returns on eBay are more volatile than the returns on the market in general.
IV. eBay has more unsystematic risk than the market in general.
A. I and II only
B. I, II, III, and IV
C. I only
D. I and III only
Answer: D
Explanation:
Explanation/Reference:
Explanation: Only Selections I and III are necessarily true. eBay's beta of 1.67 means that if the market is up 5%, an investor can expect the returns on eBay to increase by 1.67 times this amount, or 8.35%, and since eBay's beta is greater than 1.0, we can say that the stock's returns are more volatile than the returns on the market in general. Although eBay may have more unsystematic risk than the market in general, beta is not a measure of this. Beta is a measure of the market, or systematic, risk of the stock.
NEW QUESTION: 2
You are logged in as an administrator. You need to recover company documents created by a person who has left the company. You get an "Access Denied" message when you try to access the folder.
What is the first step you should take to access the documents?
A. Disable inheritance
B. Take ownership
C. Enable offline files
D. Enable sharing
E. Remove the "Read-Only" Attribute
Answer: B
Explanation:
Explanation/Reference:
Explanation:
The owner of the object controls how permissions are set on the object and to whom permissions are granted.
The Take Ownership permission on an object or the Restore files and directories user right are the minimum requirements to complete this procedure.
NEW QUESTION: 3
A. Option B
B. Option A
C. Option C
D. Option D
Answer: D