41.
The major problem with the Markowitz model is its_______________.

42.
The long-run objective of financial management is to________.

43.
____________dividend promises to pay shareholders at future date

44.
__________ is concerned with the maximization of a firm's stock price.

45.
The Markowitz model assumes most investors are_____________.

46.
According to the _______ model, the dividend decision is irrelevant.

47.
According to Markowitz, an efficient portfolio is one that has the_________________.

48.
The cash management refers to management of ___________.

49.
Portfolios lying on the upper right portion of the efficient frontier are likely to be chosen by_______________.

50.
Miller- Orr Model is suitable in those circumstances when the ________.