Afirm has positive net debt and operates in a single industry. it is considering a project similar to those the firm normally undertakes. to apply the irr rule, the firm should compare the project's irr to the required return on its equity (from the capm equation).
a. true
b. false

During which of the following phases of the business cycle does the real gdp fall? a. trough b. expansion c. contraction d. peak

Consider the following information on stocks a, b, c and their returns (in decimals) in each state: state prob. of state a b c boom 20% 0.27 0.22 0.16 good 45% 0.16 0.09 0.07 poor 25% 0.03 0 0.03 bust 10% -0.08 -0.04 -0.02 if your portfolio is invested 25% in a, 40% in b, and 35% in c, what is the standard deviation of the portfolio in percent? answer to two decimals, carry intermediate calcs. to at least four decimals.

Almeda products, inc., uses a job-order costing system. the company's inventory balances on april 1, the start of its fiscal year, were as follows: