1. Lowes rises by more than 1% when the market rises by exactly 1%. From this information, which of the following is TRUE about Lowes beta?

	a.	Greater than one
	b.	Less than zero
	c.	Between zero and one
	d.	Less than zero
	e.	Less than one

2. Currencies U.S. dollar foreign-exchange rates. May 5, 2011

Country/currency..in US$..............per US$

British Pound.1.5347.0.6516

Norwegian Kroner.0.1690..5.9173

Thai Baht..0.0310..32.250

Jackson has 19,000 of Thai currency in his pocket and he desires British pounds. Which amount comes closest to the amount of Pounds he can exchange them for?

	a.	904 pounds
	b.	384 Pounds
	c.	364 Pounds
	d.	297 Pounds
	e.	399 Pounds