A(n) ________ multiplies delayed utils to translate them into current utils.
A) simple weight
B) discount weight
C) compound weight
D) exponential weight
Question 2
Is the stock of a corporation with an excellent earnings record likely to be a better buy than the stock of a corporation doing very badly?
A) No, because the price of each stock will reflect differing situations.
B) Only if their different earnings records have persisted for several years.
C) Yes, because stocks with large dividend returns to owners are always good buys.
D) Yes, because the future is more likely to resemble the past than to differ from it in any systematic way.