Which of the following statements is false? the risk premium of a security is determined by its systematic risk and does not depend on its diversifiable risk. the volatility in a large portfolio will decline until only the systematic risk remains. when we combine many stocks in a large portfolio, the firm-specific risks for each stock will average out and be diversified. fluctuations of a stock's returns that are due to firm-specific news are common risks.

Amachine purchased three years ago for $720,000 has a current book value using straight-line depreciation of $400,000: its operating expenses are $60,000 per year. a replacement machine would cost $480,000, have a useful life of nine years, and would require $26,000 per year in operating expenses. it has an expected salvage value of $130,000 after nine years. the current disposal value of the old machine is $170,000: if it is kept 9 more years, its residual value would be $20,000. calculate the total costs in keeping the old machine and purchase a new machine. should the old machine be replaced?

What cylinder head operation is the technician performing in this figure?

17.     chef a says that garnish should be added to a soup right before serving. chef b says that garnish should be cooked with the other ingredients in a soup. which chef is correct? a. chef a is correct. b. both chefs are correct. c. chef b is correct. d. neither chef is correct. student c   incorrect which is correct answer?