The Fischer Company had net income of $1,500,000. Fischer paid preferred dividends of $5 on each of the 100,000 preferred shares. There are 1 million Fischer common shares outstanding. In addition to the common and preferred stock, Fischer has $25 million of 4 percent bonds (par value: $100) outstanding. Each bond is convertible into 4 common shares. If Fischer's tax rate is 40 percent, what is its diluted earnings per share?

Olivia Hernandez's clients have substantial holdings of US consumer goods manufacturer PXG Ltd.
PXG has sales primarily in North America and Europe. Hernandez reviews research reports about the dollars euro exchange rate, which mostly predict that the dollar will get more expensive thus hurting
PXG's exports to Europe . She speaks with representatives of PXG and visits PXG factories where she meets production managers. Finally she visits retailers where she learns that over the last month many customers have expressed their dissatisfaction with PXG products. After reviewing her information,
Hernandez sells her clients' PXG holdings.

Toward the top of the economic cycle, as final demand starts to fall off, ______ starts to occur abruptly.

An investor aged 24 wishes to accumulate a large amount of money by her 50th birthday. She will pay equal annual payments of $1200 into an account which pays interest at 10 % per annum compounded annually. Payments start on her twenty-fifth birthday and end on her fiftieth birthday. How much will she have accumulated by her 50th birthday?

The probability that a mutual fund will generate a positive return in the next 12 months is called: