Portfolio Theory Was First Developed By

question 36

Multiple Choice

Portfolio Theory was first developed by:

• A) Merton Miller
• B) Richard Brealey
• C) Franco Modigliani
• D) Harry Markowitz

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Definitions:

Below Cost

Selling products or services at a price less than their original purchase or production cost.

Paid-in Capital

Funds raised by a company through the issuance of shares to investors, representing the money that shareholders have invested in the business beyond the initial value of the shares.

Treasury Stock

Shares that were issued and subsequently reacquired by the issuing corporation.

Retained Earnings

The accumulated net income of a company that has not been distributed to shareholders as dividends.