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A stock experienced returns of 5 percent, −17 percent, and 15 percent during the last three years. What is the standard deviation of the stock’s returns for the three-year period?

Character, Incorporated, is analyzing a proposed project that is expected to have sales of 2,450 units, ±8 percent. The expected variable cost per unit is $246 and the expected fixed costs are $309,000. Cost estimates are considered accurate within a ±3 percent range. The depreciation expense is $106,000. The sales price is estimated at $599 per unit, ±2 percent. What is the amount of the total costs per unit under the worst-case scenario?

The primary difference between a line of credit and a revolving credit arrangement is the:

Which one of the following is the most likely reason why a stock price might not react at all on the day that new information related to the stock’s issuer is released? Assume the market is semistrong form efficient.

Ahmad Couture has bonds outstanding with a face value of $1,000, 11 years to maturity, and a coupon rate of 6 percent paid semiannually. What is the company’s pretax cost of debt if the bonds currently sell for $1,067.12?

You just sold 500 shares of stock at a price of $34.20 per share. You purchased the stock for $27.36 per share and have received total dividends of $925. What is the total capital gain on this investment?

One of the best-selling items the Corner Store offers sells for $3.99 per unit with a variable cost of $2.88 per unit. The carrying cost per unit is $1.07 and the fixed order cost is $42. What is the economic order quantity assuming the store sells 650 units annually?

Each year, Modi Luggage sells 472 units of a product at a price of $729 each. The variable cost per unit is $476, the carrying cost per unit is $24.15, and the fixed order cost is $50. What is the economic order quantity?

Castillo Corporation common stock is currently priced at $39.75 per share. The company just paid $4.35 per share as its annual dividend. The dividends have been increasing by 7.5 percent annually and are expected to continue doing the same. What is the cost of equity?

You are considering the purchase of a new machine. Your analysis includes the evaluation of two machines that have differing purchase prices, annual maintenance costs, and life spans. Whichever machine is purchased will be replaced at the end of its useful life. You should select the machine that has the: