A) positively related to motivation and performance B) positively related to ambition and inefficiency C) negatively related to motivation and performance D) negatively related to ambition and inefficiency
A) zero economic profits and zero accounting profits. B) some economic profits but zero accounting profits. C) some accounting profits but no economic profits. D) some accounting profits and some economic profits.
Which of the following is generally true of IPO Pops?
A) Most IPO Pops don't last and the stocks usually underperform. B) A rapid drop in price of the stock occurs when trading begins. C) The IPOs are overpriced and are rewarding to investors from the secondary market. D) The strategy useful only to high net worth investors.