1. According to the efficient markets hypothesis are stock prices predictable? Why? And what is a random walk?
2. Managers examine a combination of criteria when making decisions about where in the world to establish operations. Identify and explain five requisites to successful FDI.
3. Pluto United has 14,200 shares of stock outstanding at a price per share of $23. How many shares will be outstanding if the firm does a 4-for-3 stock split?
18,300 shares
19,033 shares
18,667 shares
19,100 shares
18,933 shares