Q. Ignoring bonus depreciation, the net book value of equipment will:

A) remain constant over the life of the equipment

B) vary in response to changes in the market value of the equipment

C) decrease at a constant rate when MACRS depreciation is used

D) increase over the taxable life of an asset

E) decrease slower under the straight-line depreciation than under MACRS

Q. You just sold 427 shares of stock at a price of $19.07. You purchased the stock for $18.83 a share and have received total dividends of $614. What is the total capital gain on this investment

A) 716.48

B) 511.52

C) 102.48

D) 476.52

E) 618.48

Q. you own a portfolio that has $2,800 invested in stock A and $3,250 invested in stock B. the expected returns on these stocks are 14.7% and 9.3%. what is the expected return for the portfolio?

A) 12.06%

B) 12.36%

C) 11.80%

D) 11.13%

E) 11.41%