If covered interest arbitrage opportunities exist,

A) interest rate parity does not hold.
B) interest rate parity holds.
C) arbitragers will be able to make risk-free profits.
D) interest rate parity does not hold, and arbitragers will be able to make risk-free profits.
E) interest rate parity holds, and arbitragers will be able to make risk-free profits.

Rose, a financial advisor, recommended that a client, Maureen, purchase shares in Mad Money Mutual Fund. Relying on Rose's recommendation the client purchased 100 units. The entire stock market collapsed, and the value of Mad Money Mutual Fund was reduced significantly. Maureen was surprised to learn that Rose earned a commission on each unit sold to her clients. Is Rose liable to Maureen?

A) No, mutual fund dealers are not liable to their clients for losses incurred.
B) No, Rose met the standards of care for a financial adviser.
C) No, Rose's advice did not cause the loss.
D) Yes, Rose breached her fiduciary duty by not disclosing that she received a commission on sales.
E) Yes, Rose failed to meet the standard of care for a financial adviser by recommending a mutual fund that failed.

All else constant, a decrease in the stock price will increase the dividend yield of a stock

The HK Partnership is liquidated when the ledger shows: $$\begin{array}{lr}\text{ Cash }& \$60,000\\ \text{ Noncash Assets }& 90,000\\ \text{ Liabilities }& 44,000\\ \text{ Howell, Capital }& 100,000\\ \text{ Kenton, Capital }& 6,000\end{array}$$ Henson and Kaenzig income ratios are 3:2 respectively.
Instructions
Prepare a schedule of cash payments assuming that the noncash assets were sold for $65000. Assume that any partner's capital deficiencies cannot be paid to the partnership.

The second to last step in the perceptual process is:

A) observation
B) interpretation
C) organization
D) selection

Choose the correct statement about personal dispositions.

A) People with a positive core self-evaluation tend to experience job satisfaction.
B) Rather than doing nothing, people with negative core self-evaluations always act aggressively toward the people they blame.
C) In general, job turnover is higher among employees who are high in emotional stability and conscientiousness.
D) People with negative affectivity tend to be satisfied with their jobs after changing their occupations.
E) Core self-evaluations are bottom-line opinions that are positive in nature.

Task-oriented behavior involves concern for relationships and socioemotional support.

The management function that requires managers to look ahead and establish objectives is

A) controlling.
B) directing.
C) planning.
D) constraining.