1. For technical analysis to generate excess returns, markets must be semi strong form efficient.
True
False
2. A typical car lease is an example of an amortized loan.
True
False
3. The market value of a firm that invests in projects providing a return greater than its WACC should increase over time.
True
False
4. If the rate at which you can invest is positive, the present value of $1 to be received in the future is less than $1.
True
False