TRUE OR FALSE:

*It is highly likely that the returns on stocks of companies from the same industry are positively correlated. (T/F)

*A way to mitigate agency costs between managers and shareholders is giving performance bonus to managers. (T/F)

* If at the beginning of the year you buy a stock for $90 and at the end of the year increases to $100, then your capital gain will be 10.00%. (T/F)

*If a corporation goes bankrupt, then preferred shareholders will have a first claim on the company assets than common shareholders. (T/F)

*An example of a long term asset is companys copyrights. (T/F)