18. A project is accepted if its IRR is: a. Less than or equal to the hurdle rate b. Greater than the Net Present value c. Equal to the NPV d. Greater than the hurdle rate 19. The market where euros, pesos, dollars, and pounds are traded is referred to as which one of the following? a. Libor market b. Euro market c. Foreign exchange market d. Stock market 20. Which of the following is considered a "secondary market" transaction? I. You buy shares in the public oftering of a start-up company in the I1. Your mother sells you the shares she purchased in your uncle's latest III. You buy shares in General Motors from your closest friend. computer industry business venture. a. I only b. II only c. I and II only d. 1I and III only e. III, and III 21. Which of the following would be considered a primary market transaction? I. Maria gave 100 shares of Alto stock to her best friend. II. South Wind Products sold 1,000 shares of newly issued stock to Mike. III. You buy shares in the public offering of a start-up company in the toy industry. IV. Terry sold 3,000 shares of Uno stock to his brother. a. I and IV b. I1 only c. I and II only d. II and III only e. I, II, and III 22. Corporate finance may be thought of as the analysis of three primary subject areas. Which of the following groups correctly lists these three areas? a. Current asset management, current liabilities management, capital budgeting b. Capital budgeting, capital structure, security marketing c. Capital budgeting, capital structure, working capital management d. Capital structure, net working capital, tax analysis