Question: Which of the following cost would you consider when making a capital budgeting decision?

A) Fixed overhead cost

B) Opportunity cost

C) Sunk Cost

D) Interest expense

Question: After analyzing data of 1000 stocks, you discover that you can make greater than normal returns by buying shares of stocks in firms that attained the highest return in the most recent three month.

A) this is not a violation of market efficiency

B) This is a violation fo semi-strong form efficiency

C) This is a violation of all forms of market efficiency

D) This is a violation of strong form efficiency

E) This is a violation of weak of inefficiency