Use the Information for the Question(s)below

question 7

Multiple Choice

Use the information for the question(s) below.
Suppose that in the coming year,you expect Exxon-Mobil stock to have a volatility of 42% and a beta of 0.9,and Merck's stock to have a volatility of 24% and a beta of 1.1.The risk-free interest rate is 4% and the market's expected return is 12%.
-Which stock has the highest total risk?

• A)Merck since it has a lower volatility
• B)Merck since it has a higher beta
• C)Exxon-Mobil since it has a higher volatility
• D)Exxon-Mobil since it has a lower beta

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A type of intellectual property protection that allows the holder exclusive rights to asexually reproducing, selling, or using a new, distinct variety of plant.

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A criterion for patentability of an invention, which requires that the invention must not be obvious to a person having ordinary skill in the art at the time of the invention.

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The quality of being clearly different or unique, especially in a manner that makes something or someone stand out.