1. From a behavioral perspective, the anomaly known as post-earnings announcement drift or momentum is best explained by
self attribution bias.
representativeness.
familiarity bias.
loss aversion.
2. The preferred stock of Zippy Corp is selling at a $10 and it pays a $1 dividend. What is the required return to this preferred stock?
a. $1
b 10%
c 100%
d you would need to know g before you could answer this question
e None of the above