The beta for IBM stock is 0.8. If the stock market's return during the week...

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The beta for IBM stock is 0.8. If the stock market's return during the week is +1.0%, we would expect IBM stock to be a) Down 0.8% b) Up 0.8% c) Down 1.0% d) Up 1.0% ANSWER: Chapter 2: Statement of Retained Earnings (Similar To Question #11 On Exam #1 A firm reports net income of $750,000 for 2015. The firm will pay out 40% of net income as dividends. Their balance sheet at the end of 2014 shows a retained earning total of $1,000,000. What will the new balance be for retained earnings at the end of 2015? Chapter 2: Marginal Tax Rate (Similar To Question #24 On Exam #1) Bavarian Sausage, Inc. has a pretax income of $11,000,000. Using the tax table in Table 2.6 on page 50 of the text, what is the company's marginal tax rate

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