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svp [43]
3 years ago
14

The statement that stock prices follow a random walk implies that: Select one: a. Successive price changes are independent of ea

ch other b. Successive price changes are positively related c. Successive price changes are negatively related d. The autocorrelation coefficient is positive
Business
1 answer:
Marina CMI [18]3 years ago
6 0

Answer:

(A) Successive price changes are independent of each other

Explanation:

Random walk theory claims that past information and trends cannot be used to predict future price movement of the stocks since as per the theory, stock price movements are unpredictable and walk(move) randomly.

The theory further suggests that stock prices have same distribution and are independent of one another. It means there is no correlation between price movements of two different stocks.

Thus, Stock prices follow a random walk implies that successive price changes are independent of each other.

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Adriana Graphic Design receives $1,500 from a client billed in a previous month for services provided. What general journal entr
mario62 [17]

Answer:

Dr Cash $1,500

Cr Account Receivable $1,500

Explanation:

Based on the information given we were told that Adriana receives the amount of $1,500 from a client that was billed in a previous month for services provided which therefore means that the appropriate general journal entries that Adriana Graphic Design will make to record this transaction is:

Dr Cash $1,500

Cr Account Receivable $1,500

4 0
3 years ago
Which of the following organizations emerged from the Bretton Woods agreement of 1944, where a group of international leaders de
Fofino [41]

Answer:

International Monetary Fund, IMF and the World Bank

Explanation:

The Bretton Woods Agreement was negotiated in July, 1944 which established a new global monetary system. It made US dollar the global currency and replaced gold standard.

This agreement created The World Bank and International Monetary Fund (IMF) which would monitor the new monetary system.

The Bretton Wood system was dissolved in 1970's but IMF and The World Bank still exist and are strong pillars of global monetary system.

8 0
4 years ago
Analyse the key factors affecting decisions for a person in Sydney to invest in property?
Klio2033 [76]

Answer:

Emotion, Cultural superstitions, Perceived value, First Impressions, A Home That Tells a Story, Social Proof, The Ideal Lifestyle

Explanation:

There’s no denying that buying a home is a big decision and yet you may be surprised by the number of people who are influenced by factors other than price, resale value and location. From the number of a house to a lick of new paint on the walls, it seems we are influenced by emotion and aesthetic much more than we think

6 0
3 years ago
An increase in the price of one good will have what effect on its complement?a. no effectb. increase in demandc. decrease in dem
Juliette [100K]

Answer: The correct answer is <u>"c. decrease in demand".</u>

Explanation: Complementary goods are all those products that depend on each other. That is, they are so closely linked that the behavior of one inevitably affects the behavior of the other.

The classic example of complementary goods is that of cars and gasoline. The sale of the former may be affected by an increase in the price of the latter; and, at the same time, the consumption of the second depends on the sale of the first.

7 0
4 years ago
Read 2 more answers
The Smiths are purchasing a completely furnished cottage on a lake. They have obtained a deed of trust loan to cover the price o
Pachacha [2.7K]

The type of financing that includes the purchasing of furnished cottage on a lake with the full deed is called as a package deed of trust

Explanation:

Package deed of trust will involve the third party and they will serve as the trustee in between the lender and the borrower and the property will be in the hands of the trustee until the lender pay off the the loan

This will transferred with the legal property and they will hold the security loan and it will be made equitable and the title will remain with the borrower until they pay of the money

8 0
3 years ago
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