Aharvard prof. gave this problem to 400 harvard employees (many of whom had advanced degrees) and 250 wharton mbas. most got the answer wrong, so let's see how you do. you have $10,000 to invest in your 401-k plan. here are your only choices: morgan stanley s& p 500 index fund vanguard s& p 500 index fund schwab s& p 500 index fund fidelity s& p 500 index fund all four funds have the same one year, three year and five year returns. "life of fund returns" for each fund are as follows: morgan stanley = 12.5% vanguard = 11.9% schwab = 13.2% fidelity = 14.9% annual fees for each fund are as follows: morgan stanley = 36 basis points vanguard = 10 basis points schwab = 25 basis points fidelity = 27 basis points what is the best way to invest the $10,000? equally split among all four funds. 100% in morgan stanley. 100% in vanguard. 100% in schwab. 100% in fidelity.

Which of the following is the least effective way to reach a potential sales prospect? referral cold call direct mail personal visit

Which financial component is a mandatory deduction from your gross pay? a. sales tax b. social security tax c. health insurance d. disaster relief fund (drf) e. voluntary deduction

Exercise 18-15 sheffield appliance center is an experienced home appliance dealer. sheffield appliance center also offers a number of services for the home appliances that it sells. assume that sheffield appliance center sells ovens on a standalone basis. sheffield appliance center also sells installation services and maintenance services for ovens. however, sheffield appliance center does not offer installation or maintenance services to customers who buy ovens from other vendors. pricing for ovens is as follows. oven only $790 oven with installation service 850 oven with maintenance services 970 oven with installation and maintenance services 990 in each instance in which maintenance services are provided, the maintenance service is separately priced within the arrangement at $180. additionally, the incremental amount charged by sheffield appliance center for installation approximates the amount charged by independent third parties. ovens are sold subject to a general right of return. if a customer purchases an oven with installation and/or maintenance services, in the event sheffield appliance center does not complete the service satisfactorily, the customer is only entitled to a refund of the portion of the fee that exceeds $790. assume that a customer purchases an oven with both installation and maintenance services for $990. (b) indicate the amount of revenue that should be allocated to the oven, the installation, and to the maintenance contract.