1. Regarding the tax treatment of payments to securities holders; which of the following statements is completely true? The question is aimed at the PAYER of interest and/or dividends, not the recipient.
2. A stock with a beta of 1.9 has an expected rate of return of 28%. If the market return this year turns out to be 12 percentage points below expectations, what is your best guess as to the rate of return on the stock?
3. Using the Excel outliner, create an outline on the cash flow statement and the balance sheet such that, when collapsed, the statements show only the subtotals for each section.