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NEW QUESTION: 1
_________ insures the real estate loans of borrowers who qualify for the program.
A. Mortgage Brokers
B. None of these
C. Federal Housing Administration
D. Department of veterans Affairs
Answer: C
NEW QUESTION: 2
Which are two ways in which Milestones differ from Agents? (Choose two.)
A. Milestones may be made up of one or more Agents.
B. Agents may be made up of one or more Milestones.
C. Agents monitor for a condition to occur, whereas Monitors only start and stop based on a time-based schedule.
D. Milestones may be both "reactive" (for example, they monitor for a condition to occur) and
"proactive" (for example, they can initiate before, at, or a prescribed occurs.)
Answer: A,D
NEW QUESTION: 3
The investment objectives of an investor should be expressed in terms of
A. Legal, as well as tax issues.
B. Investment horizon and liquidity concerns.
C. Risk and expected return.
Answer: C
Explanation:
In an efficient market, a stock's expected return has built in all the risk factors. Therefore, an investor's task is simply to determine how much risk he or she is willing to take, and the markets will determine what the equilibrium rate of return should be at that given level of risk.