SIMPLE MULTIPLY CHOICE:

*For secondary offering, companies typically sell share at a discount to the current market value. _________

A. TRUE

B. FALSE

*From the efficient markets presentation, is the following statement true or false?___ (There are only a few bargains in efficient capital markets)

A. True

B. False

From the efficient markets presentation, is the following statement true or false?___ (Evidence suggests that the stock market prices are determined by a few in the know.)

A. True

B. False

Is investment success explained more by asset allocation or security selection and market-timing (as presented in my efficient markets)? Investment success is explained more by ________________________________________

1. By asset allocation
2. By security selection and market-timing

(PLEASE EXPLAIN LAST QUESTION)

Thank You