Security A has an expected return of 18% and a standard deviation of 40%. Securities B and C each have expected returns of 12% and standard deviations of 20%. If the correlation between rates of return for A and B is 0.35, and for A and C is 0.85, then investors holding only A:

Which of the following statements is true for random variables?

Which statement(s) is/are true?
I). If one hundred units of merchandise were purchased at $15 per unit and the end-of-period replacement cost of the merchandise is $8 per unit, the merchandise will be reported at $8 per unit.
II). Goods in transit that were purchased under freight terms of FOB Shipping Point should be included in the inventory of the buyer.
III). Goods shipped FOB destination are the property of the seller until the goods are removed from the carrier and placed on the buyer's receiving dock.
IV). Goods in transit that were shipped under freight terms of 'FOB Shipping Point' should be included in the seller's inventory.

Which factor has the least impact on the RSI's sensitivity?

Suppose that all of the fast-food restaurants in the entire world are purchased by one firm. Relative to the current (competitive) price and quantity (and assuming that nothing else has changed), we would expect the monopolist to: