Suppose You Are a Botanist and You Discover a Plant

question 57

Multiple Choice

Suppose you are a botanist and you discover a plant that has a small free-living gametophyte that requires external water for fertilization and a large free-living sporophyte. The free-living sporophyte eventually releases spores from sporangia on the margins of its leaves. Into which group should you classify this plant?

• A) gymnosperms
• B) angiosperms
• C) seedless vascular plants
• D) bryophytes

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Definitions:

Excess Returns

Excess returns refer to the amount by which an investment outperforms a benchmark or risk-free rate.

Inside Trades

Transactions in a company's securities made by its officers, directors, or holders of more than 10% of the stock, typically subjected to strict regulatory scrutiny.

Public

Pertaining to or involving the affairs of the community as a whole, often relating to government or public companies accessible to all people.

Semistrong-Form Efficient

A market hypothesis stating that share prices incorporate all publicly available information, making it impossible to consistently achieve higher returns.