1. Partnerships have only two owners 2. Land, building and equipment are components of capital spending 3. The main goal of the financial manager in corporation is to make profit 4. Everything else constant, the higher the interest rate, the higher is the FV 5. The true value of any asset is its book value. 6. The tuition fees that Epoka receives from the students, are component of its: a) Operating Cash Flow b) Net Capital Spending c) Liabilities d) None of them 7. Which of the following does not affect the sustainable growth rate: a) Retention ratio b) ROE c) EM d) Current Ratio 8. Zero-coupon bonds method of payment is similar to: a) Pure-Discount loans b) Interest only loans c) Amortized loans d) None of them 9. Which of the following is not a stock component: a) Dividend (D) b) Growth rate (g) c) Required Return (R) d) Yield to Maturity (YTM) 10. For a bond selling at face value, the following is always true: 58 d) None of them