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(1) Is the information provided by companies about themselves to financial markets __? A. absolutely honest B. usually biased C. entirely fraudulent D. always wrong
(1) Is the information provided by companies about themselves to financial markets __? A. absolutely honest B. usually biased C. entirely fraudulent D. always wrong (2) Stock price maximization can be the "right" objective for a firm if A. managers act in the best interest of stockholders. B. lenders are well protected. C. financial markets are efficient. D. all of the above hold. (3) Convertible bonds help to A. line up the interests between management and employees. B. line up the interests between the firm and its customers. C. reduce the conflict of interests between stockholders and bondholders. D. reduce the conflict of interests between the firm and its suppliers. (4) What type of stock returns of firm and market do we often use in the CAPM (capital asset pricing model)
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