The financial break-even point determines which one of these values? [A] Fixed costs [B] Variable cost per unit [C] Sales quantity The return earned in an average year over a multi-year period is called the ____ return. [A] arithmetic [B] standard [C] geometric The capital gains yield plus the dividend yield on a security Is called the: [A] geometric return. [B] total return. [C] variance of returns. Which one of the following is an example of a nondiversifiable risk? [A] A poorly managed firm suddenly goes out of business due to lack of sales [B] A key employee of a firm suddenly resigns and accepts employment with a key competition [C] A well respected chairman of the Federal Reserve suddenly resigns Beta values are highly dependent on the covariance of a security with the market. [A] True [B] False Insider trading does not offer any advantages if the financial markets are: [A] inefficient [B] semiweak form efficient. [C] strong form efficient. MM Prop