The income statement describes the financial position of a firm ...

[FButt]

The income statement describes the financial position of a firm on a given date.
 
  Indicate whether the statement is true or false

Question 2

For a well-diversified investor, an investment with an expected return of 10 with a standard
  deviation of 3 dominates an investment with an expected return of 10 with a standard deviation
  of 5.
 
  Indicate whether the statement is true or false

[14vl19]

Answer to Question 1

FALSE

Answer to Question 2

FALSE