You are thinking of adding one of two investments to an already well- diversified portfolio. security a security b expected return = 14% expected return = 12% standard deviation of standard deviation of returns = 20.9% returns = 10.1% beta = 1.2 beta = 1.2 if you are a risk-averse investor, which one is the better choice?

security a

security b

security b, but only if security b's required return is greater than 12%.

either security would be acceptable because they have the same beta.

Compute the cost of not taking the following cash discounts. (use a 360-day year. do not round intermediate calculations. input your final answers as a percent rounded to 2 decimal places.)

If the economy were in the contracting phase of the business cycle, how might that affect your ability to find work?

"jake’s roof repair has provided the following data concerning its costs: fixed cost per month cost per repair-hour wages and salaries $ 20,900 $ 15.00 parts and supplies $ 7.70 equipment depreciation $ 2,800 $ 0.35 truck operating expenses $ 5,720 $ 1.60 rent $ 4,690 administrative expenses $ 3,850 $ 0.50 for example, wages and salaries should be $20,900 plus $15.00 per repair-hour. the company expected to work 2,600 repair-hours in may, but actually worked 2,500 repair-hours. the company expects its sales to be $47.00 per repair-hour. required: compute the company’s activity variances for may."