Warner Corporation reported net income in excess of its net cash flow from operations. A possible explanation of this difference is:

Key steps in the dynamic process of portfolio management are:
I). Specification of investor objectives, constraints, and preferences.
II). Asset allocation, portfolio optimization, security selection, implementation, and execution.
III). Determination of capital market expectations.
IV). Measurement of portfolio performance.
The order of these steps in the process is:

In calculating the cash payments for other operating expenses, which of the following items must a company add to the other operating expenses reported on the income statement?

Consider bond XYZ with a duration of 6.33. Suppose that the market value of this bond is $3 million.
The approximate dollar price change for a 100 basis point change in yield is

Which of the following is a misconception about beta?