Which of the following provides an example of a firm in a red ocean? chique apparel offered clothing at a low price but failed to differentiate its product as being exclusive. cheap apparel offered clothing at a price matching that of its competitors and, as a result, it had lower profit margins. top drawer apparel offered clothing at a higher price than competitors and, as a result, failed to make a profit. goode apparel offered clothing at a mid-range price but failed to differentiate its product as being of decent quality.

Stock a has a beta of 1.2 and a standard deviation of 20%. stock b has a beta of 0.8 and a standard deviation of 25%. portfolio p has $200,000 consisting of $100,000 invested in stock a and $100,000 in stock b. which of the following statements is correct? (assume that the stocks are in equilibrium.) (a) stock b has a higher required rate of return than stock a. (b) portfolio p has a standard deviation of 22.5%. (c) portfolio p has a beta equal to 1.0. (d) more information is needed to determine the portfolio's beta. (e) stock a's returns are less highly correlated with the returns on most other stocks than are b's returns.