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40. Magnificent Shoe Corporation's stock price is estimated to have a beta of.88. If the stock market (as represented by the Index to which beta
40. Magnificent Shoe Corporation's stock price is estimated to have a beta of.88. If the stock market (as represented by the Index to which beta was calculated) rises by 10% over the next quarter, Magnificent's stock price: a) will increase 8.8%- b) will decrease 8.8% c) will increase 10%- d) will decrease between 8.8% and 10%- e) may increase 8.8%, more than 8.8%, less than 8.8% or even decrease- 41. "Get Your MBA Overnight" on-line business school, incorporated has $40 million in assets, of which 10% is in a bank account. Which of the following may you conclude about its book value? a) must be between $4 million and $40 million b) must be between 0 and $4 million c) can be anywhere 0 and $40 million d) must be above $40 million
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