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NEW QUESTION: 1
The risk premium
A. causes differences in the required rate of return among alternate types of investments.
B. causes differences in the required rate of return among investments of the same type.
C. causes differences in required rates of return among alternate types of investments and among investments of the same type.
D. can be less than zero.
Answer: C
Explanation:
Explanation/Reference:
Explanation:
Every investment has its own risk premium, which may change over time. The required rate of return on any security is equal to the risk-free rate of return plus the risk premium on that security. Because the lowest possible required rate of return on any investment is the risk-free rate of return, the risk premium cannot be less than zero.

NEW QUESTION: 2
次のプロセスグループのうち、プロジェクト管理のすべてのナレッジエリアをカバーしているのはどれですか?
A. 計画
B. 監視と制御
C. 開始中
D. 実行中
Answer: A

NEW QUESTION: 3
A large insurance company is about to replace a major financial application. Which of the following is the IS auditor's PRIMARY focus when conducting the pre-implementation review?
A. Unit testing
B. Migration of data
C. System manuals
D. Procedure updates
Answer: B