1) It is fair to think of common stock as permanent funding for a firm. T or F

2) When a publicly held firm sells additional shares, it does so in the secondary market. T or F

3) It is fair to expect a firm's number of authorized shares to be less than its number of outstanding shares. T or F

4) If a stock pays a $2 dividend forever and investors want a 20% return, the stock's price < $15. T or F

5) If the stock above (#4) stops paying dividends after 10 years, its price > $10. T or F

6) If a stock last paid a $4 dividend that will annually at 4% and it currently sells for $40, the shareholders return > 15%. T or F