Stock XYZ realized the following returns over the past four years: 0.15, 0.02, -0.20, and 0.15. Based on this information, what is the arithmetic mean return over the four years rounded to the nearest hundredth of a percent?

Question 46 options:

1)	0.92 percent

2)	1.92 percent

3)	3.00 percent

4)	3.92 percent

Which of the following is NOT a factor that the expected return on a risky investment depends on?

Question 47 options:

1)	The risk-free rate

2)	Market risk premium

3)	Systematic risk

4)	Call provisions of corporate debt

Which types of projects are likely to be incorrectly accepted when the WACC is used as the discount rate for all projects?

Question 48 options:

1)	Low risk projects

2)	Moderate risk projects

3)	High risk projects

4)	All projects

Which of the following is NOT an example of an activity that increases cash?

Question 50 options:

1)	Increase debt

2)	Increase equity

3)	Decrease assets, i.e., non-cash assets

4)	Decrease equity

Which of the following refers to the dividend as a percentage of the beginning stock price?

Question 42 options:

1)	Dividend gain

2)	Capital dividend

3)	Dividend yield

4)	Beginning yield

Which of the following refers to the time between sale of inventory and collection of the receivable?

Question 39 options:

1)	Inventory period

2)	Accounts payable period

3)	Return on equity

4)	Accounts receivable period

Which of the following refers to the weighted average of the cost of equity and the after-tax cost of debt?

Question 38 options:

1)	Weighted average cost of debt

2)	Weighted average cost of securities

3)	Weighted average financial burden

4)	Weighted average cost of capital