1. in finance the value of an asset is determined by

a) The sum of all of its cash flows

b) The future value of its future cash flow's

c) The present value of its future cash flows

d) it's current market price plus cash flows

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2. Lee Kwan access is his online brokerage account and place is a purchase order for 1000 shares of Microsoft corporation common stock this transaction occurs in the

a) secondary market

b) primary market

c) Credit market

d) futures market

e) money market

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3. A corporation obtains cash from which of the following:

a) operating cash flow's

b) sale of assets

c) issuing stocks

d) issuing bonds

e) all choices