25) Stock XYZ realized the following returns over the past four years: 0.15, 0.06, -0.20, and 0.15. In addition, the average T-Bill return over the past four years was 0.02 Based on this information, what is the risk premium over the four years rounded to the nearest hundredth of a percent?

Question 25 options:

1)

0.92 percent

2)

2.00 percent

3)

2.91 percent

4)

16.00 percent

26) Which of the following refers to the dividend as a percentage of the beginning stock price?

Question 26 options:

1)

Dividend gain

2)

Capital dividend

3)

Dividend yield

4)

Beginning yield

27) Which of the following is calculated as the change in price during the year divided by the beginning price?

Question 27 options:

1)

Dividend yield

2)

Capital gains yield

3)

Preferred gain or loss

4)

Preferred income

28) Which of the following refers to the planning associated with cash inflows and outflows occurring in one year or less?

Question 28 options:

1)

Capital budgeting

2)

Capital structure

3)

Pro forma planning

4)

Short-term financial planning

29) Stock XYZ realized the following returns over the past four years: 0.15, 0.02, -0.20, and 0.15. Based on this information, what is the arithmetic mean return over the four years rounded to the nearest hundredth of a percent?

Question 29 options:

1)

0.92 percent

2)

1.92 percent

3)

3.00 percent

4)

3.92 percent

30) Which of the following refers to a market in which security prices reflect available information?

Question 30 options:

1)

Inefficient capital market

2)

Effective capital market

3)

Efficient capital market

4)

Inefficient money market