15. One weakness of payback period approach is its failure to recognize cash flows that occur after the payback period. A. True B. False 16. The required rate of retum for a stock can be decomposed into current yield and capital gains yield. A) True B) False 17. An ADR is a claim issued by a U.S. bank representing ownership of shares of a foreign company's stock held on deposit by the U.S. bank and is issued in dollars to U.S. investors. A) True B) False 18. An important implication of Efficient Market is that investors should always try to beat the market (e.g., S\&P 500 index). A) True B) False