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NEW QUESTION: 1
Which is a step in the recommended approach to 'defining and analyzing the products'?
A. Writing a project product description
B. Preparing estimates
C. Designing a plan
D. Identifying activities and dependencies
Answer: C
Explanation:
Explanation
Reference http://prince2.wiki/Plans

NEW QUESTION: 2
An investor believes Stock M will rise from a current price of $20 per share to a price of $26 per share over the next year. The following information pertains:
Should the investor purchase the stock?
A. Yes, because it is overvalued.
B. No, because it is overvalued.
C. Yes, because it is undervalued.
D. No, because it is undervalued.
Answer: B
Explanation:
Explanation/Reference:
Explanation:
Expected return of Stock M = 8 + 1.7(16 - 8) = 21.6. Estimated return of Stock M = 26 - 20/20 = 30%. Since the estimated return is greater than the expected return, the investor should purchase the stock.

NEW QUESTION: 3
In hedging, caps are
A. frequently purchased by issuers having an FX risk
B. frequently sold by issuers having an FX risk
C. frequently purchased by issuers of floating rate debt
D. frequently sold by issuers of floating rate debt
Answer: C

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