Flashcard Set Preview
| Side A | Side B | ||
| 1 |
Substitution is
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replacing an existing security with another with
brighter prospects.
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| 2 |
Considering the transactions costs and tax consequences of
the sale of the existing security...
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opportunity cost sell discipline.
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| 3 |
After
careful research, a manager may also conclude that a firm’s business will worsen...
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deteriorating fundamentals
sell discipline.
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| 4 |
Other, more technical, selling disciplines are based on rules. For example,
in a ___________________,...
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valuation-level sell discipline
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| 5 |
In a
________________________________, the manager may sell a stock if its price
declines...
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down-from-cost sell discipline
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| 6 |
In an _____________________________, the manager may sell a stock once it has increased, for...
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up-from-cost sell
discipli
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| 7 |
In a ______________________________, the manager determines the stock’s fundamental value...
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target
price sell discipline
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