Author Question: Returns from internationally diversified portfolios tend to be superior to those yielded by purely ... (Read 54 times)

ssal · **on:** Jul 10, 2018

Returns from internationally diversified portfolios tend to be superior to those yielded by purely domestic ones.

Indicate whether the statement is true or false

Question 2

Mary will receive 12,000 per year for the next 10 years as royalty for her work on a finance book. What is the present value of her royalty income if the opportunity cost is 12 percent?

A) 120,000
B) 67,800
C) 38,640
D) 72,560