Which of the following statements is(are) correct regarding the relationship between an agent and a nondisclosed principal? i. the principal is required to indemnify the agent for any contract entered into by the agent within the scope of the agency agreement. ii. the agent has the same actual authority as if the principal had been disclosed. a. ii only. b. i only. c. neither i nor ii. d. both i and ii.

The total value of your portfolio is $10,000: $3,000 of it is invested in stock a and the remainder invested in stock b. stock a has a beta of 0.8; stock b has a beta of 1.2. the risk premium on the market portfolio is 8%; the risk-free rate is 2%. additional information on stocks a and b is provided below. return in each state state probability of state stock a stock b excellent 15% 15% 5% normal 50% 9% 7% poor 35% -15% 10% what are each stock’s expected return and the standard deviation? what are the expected return and the standard deviation of your portfolio? what is the beta of your portfolio? using capm, what is the expected return on the portfolio? given your answer above, would you buy, sell, or hold the portfolio?

The sec has historically raised questions regarding the independence of firms that derive a significant portion of their total revenues from one audit client or group of clients because the sec staff believes this situation causes cpa firms to

Based on what you learned about time management which of these statements are true