NARRBEGIN: Smith Enterprises Smith Enterprises

question 60

Multiple Choice

NARRBEGIN: Smith Enterprises
Smith Enterprises
Smith Enterprises recently conducted an IPO.In this,Smith received $14 per share from the underwriter,the offering price per share was $16 and the stock price rose to $19 on the first day of trading.
-Refer to Smith Enterprises.What is the first day return on an investment in the IPO?

• A) 21.42%
• B) 15.79%
• C) 18.75%
• D) 12.56%

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Definitions:

Positive Reinforcements

The addition of a stimulus following a behavior that increases the likelihood of that behavior being repeated.

Conditioned Taste Aversion

A learned association between the taste of a specific food and illness, leading to an aversion to that food.

Classical Conditioning

A technique in learning where two stimuli are regularly brought together; a reaction, at the beginning caused by the second stimulus, is in the end caused by the first stimulus alone.

Applied Behavior Analysis

A therapy based on the science of learning and behavior, focusing on improving specific behaviors and understanding the influence of the environment on behavior.