1. The diversification strategy of conglomerates can work very effectively in ________.
mature capital markets
developing capital markets
multiple regions within one country
a single region within one country
2. A stock has an expected return of 8.19 percent and its reward-to-risk ratio is 6.9 percent. If the risk-free rate is 2.15 percent, what is the stock's beta?
a. 1.19
b. .94
c. 1.03
d. .87
e. .76