Bernard Brought Home His Report Card and Placed It on the Television

question 24

Multiple Choice

Bernard brought home his report card and placed it on the television set. Bernard told his dad that he was required to take the card back to school tomorrow with the signature of one of his parents. Bernard's dad told him to move out of the way as he could not see the television set. The next morning, Bernard found his report card where he had left it the previous day and it was unsigned. He signed his dad's name and put it in his backpack. Bernard's dad is most likely a(n)

• A) authoritarian parent.
• B) authoritative parent.
• C) indulgent parent.
• D) neglectful parent.

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Definitions:

Annualized Return

Annualized Return indicates the geometric average amount of money earned by an investment each year over a given time period.

Intrinsic Value

The actual, fundamental value of an asset, based on underlying perceptions of its true value including aspects of both tangible and intangible factors.

Market Efficiency

The hypothesis that financial markets are "efficient" in reflecting information in the price of securities, making it impossible to consistently achieve higher returns without assuming higher risk.

Discount Rates

The interest rate used to determine the present value of future cash flows in discounted cash flow analysis, which helps to assess the attractiveness of an investment.