10. The money market is a financial relationship between the suppliens and demanders of short-term debt securities maturing in one year or less, such as U.S. Treasury bills, commercial paper, and negotiable certificates of deposits. A. True B. False 11. Ehrmann Data Systems is considering a project that has the following cash flow and WACC data. What is the project's IRR? A. 10% B. 15.5% C. 20.2% D. 21.8% E. 16.65% 12. The primary market is the name used to denote the fact that a security is being issued by the demander of funds to the supplier of funds. An example would be Microsoft Corporation selliz new shares of common stock to the public. A. True B. False Use the following information to answer Questions 13 and 14 : Microtech plans to increase their dividends by 5% the first year and has pledged to increase their dividends by 2% each year thereafter in perpetuity. The required rate of return on Microtech is 14% they just paid a $2 dividend. 13. What will the dividend per share payout be in year 1 ? A. $2.00 B. $2.02 C. $2.04 D. $2.28 E. none of the above 14. What is the value of the stock today? A. S16.67 B. $17,00 C. $17.50 D. 523.33 E. none of the above