Exhibit 57
Use the Information Below for the Following Problem(S)

question 1

Multiple Choice

Exhibit 5.7
Use the Information Below for the Following Problem(S)
$\begin{array}{cccccc} & \text { Number } &{\text { December 31, 2011 }} &&{\text { December 31, 2012 }} \\\text { Stock } & \text { of Shares } & \text { Price } & \text { Value } & \text { Price } & \text { Value } \\\hline \mathrm{A} & 5,000 & \$ 20 & \$ 100,000 & \$ 25 & \$ 125,000 \\\mathrm{~B} & 8,000 & \$ 40 & \$ 320,000 & \$ 42 & \$ 304,000 \\\mathrm{C} & 15,000 & \$ 10 & \$ 150.000 & \$ 15 & \$ 225,000\end{array}$
-Refer to Exhibit 5.7.If the December 31,2011 equal weighted index for ABC was 100,what is the equal weighted index for ABC on December 31,2012?

• A) 108.35
• B) 114.74
• C) 120.19
• D) 126.67
• E) 131.54

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Definitions:

Treasury Bills

Short-term government securities with maturities of one year or less, sold at a discount and redeemed at face value at maturity.

Target Cash Balance

The optimal amount of cash that a company aims to hold to meet expected transactions, precautionary, and speculative needs.

Speculative Motive

The intent to hold cash or other assets for the purpose of benefiting from future market movements.

Precautionary Motive

The desire to hold cash or liquid assets to guard against unforeseen future needs and emergencies.