Which of the Following Statements Is False

question 77

Multiple Choice

Which of the following statements is false?

• A) We estimate stock betas in practice by regressing future stock returns on returns of the market portfolio.
• B) In practice the S&P/TSX Composite Index is used as the market proxy in Canada and the S&P 500 is used in the United States.
• C) From recent historical data from Statistics Canada, we can estimate the S&P/TSX Composite Index dividend yield to be about 2.4%.
• D) When evaluating international stocks, it is common practice to use a specific country index or international market index.

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Definitions:

Military Action

Operations conducted by a nation's armed forces to defend its interests or objectives, which can range from strategic planning and deployment to actual combat operations.

Congressional Approval

The act of the United States Congress passing legislation or confirming appointments made by the President.

War Powers Resolution of 1973

A federal law aimed at checking the president's power to commit the United States to armed conflict without the consent of Congress.

American Troops

Members of the United States Armed Forces, which include the Army, Navy, Marine Corps, Air Force, and Coast Guard.