Question
1. Market efficiency implies which of the following? A. market value= instrinsic value B. liquidation value= book value C. book value= market value D. book
1. Market efficiency implies which of the following?
A. market value= instrinsic value
B. liquidation value= book value
C. book value= market value
D. book value= instrinsic value
2. Speculative, or non-investment-grade, bonds have an S&P bond rating of
A. CCC or less
B. BBB or less
C. BB or less
D. C or less
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Multinational Business Finance
Authors: David K. Eiteman, Arthur I. Stonehill, Michael H. Moffett
13th edition
132743469, 978-0132743464
