8. Which of the following statements about Socially Responsible Investing is TRUE? A. Today's approach to responsible investing involves negative screening to eliminate companies that produce harmful products, e.g. tobacco. B. Today's approach to responsible investing focuses on environmental, social and governance factors. C. The New York Stock Exchange is a recognized leader in establishing Principles for Responsible Investing (PRI) D. Today's approach to responsible investing is also called "ethical investing." E. Responsible investing involves identifying companies with the highest growth rates without regard for the company's environmental impact and then using the capital gains received to invest in environmental charities. 9. Which of the following bonds has the longest duration? (no calculations necessary) A. 10-year maturity with a 2% coupon B. 10-year maturity with a 5% coupon C. 15-year maturity with a 0% coupon D. 15-year maturity with a 2% coupon E. 15-year maturity with a 5% coupon 11. Using the constant growth dividend discount model, what is the growth rate of a stock that is selling for $40, has a cost of equity of 11% and has just paid a dividend of $1? A. 5.3% B. 7.7% C. 8.3% D. 11.0% E. None of the above 12. You are a technical analyst and follow movements in the confidence index. Last year Baa bonds yielded 4% while A-rated bonds yielded 3%. This year, the yields on bonds rated Baa and A are 5% and 2.5%, respectively. Which of the following statements is TRUE? A. The confidence index has risen; this is a bullish signal. B. The confidence index has risen; this is a bearish signal. C. The confidence index has fallen; this is a bullish signal. D. The confidence index has fallen; this is a bearish signal. E. The confidence index is unchanged; this is a neutral signal