Ana is facing a lottery that pays off $200 with probability 2/3 and $500 with probability 1/3. If Ana has a certainty equivalent of $312 for this lottery, then she must be: a. either risk averse or risk neutral.
b. only risk neutral.
c. either risk loving or risk neutral.
d. only risk loving.
e. only risk averse.

If an investment has 35 percent more nondiversifiable risk than the market portfolio, its beta will be:

Identify the level of the literature hierarchy for u.s. gaap to which each item belongs

Which of the following statements is correct? a major disadvantage of a partnership relative to a corporation is the fact that federal income taxes must be paid by the partners rather than by the firm itself. in a typical partnership, liability for other partners’ misdeeds is limited to the amount of a particular partner’s investment in the business.true in a limited partnership, the limited partners have voting control, while the general partner has operating control over the business, and the limited partners are individually responsible, on a pro rata basis, for the firm’s debts in the event of bankruptcy. partnerships have more difficulty attracting large amounts of capital than corporations because of such factors as unlimited liability, the need to reorganize when a partner dies, and the illiquidity of partnership interests.