#1 The beta of a security is a measure of its total risk.

• A. True
• B. False

#2 Which is the most important cost in finance?

• A. opportunity
• B. historical
• C. accounting
• D. sunk

#3 For the most current reporting year, Target Corp had $12.519 billion in current assets against $12.540 billion for the previous year, and $15.014 billion in current liabilities against $13.052 billion for the previous year. That means Targets change in net operating working capital was...

• A. +$1.983 billion
• B. -$3.007 billion
• C. -$1.983 billion
• D. +$3.007 billion
• E. none of the above