1. Which of the following statements is not true?

Select one:

a. The bid price is the price you can buy a bond.

b. All of THESE are true

c. The par value of a bond is the face value and is equal to $1,000.

d. A bond selling at 102.5% of par value is equal to $1,025.

2.Which of the following statements is true?

Select one:

a. The initial investment in net working capital is usually recuperated at the end of the projects useful life.

b. The higher the annual depreciation the higher the net present value of a project.

c. The lower the discount rate the higher the present value of the expected cash flows of a project.

d. All of THESE

Clear my choice