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18. Huawei, Inc. wants to issue new 6-months bill with zero coupon for some much-needed short-term funding needs. Currently, the market yield for similar bill
18. Huawei, Inc. wants to issue new 6-months bill with zero coupon for some much-needed short-term funding needs. Currently, the market yield for similar bill is 6 percent, if the par value of the bill is $1000, how much will the bill sell for in the market? A. $966.18 B. $970.87 C. $953.26 D. $1000 E. $1060 19. Mr. Smith bought 200 shares of Apple stock today. Apple stock is listed on NASDAQ. Mr. Smith is concerned about a potential issue that the managers fail to maximize the shareholders' interests. Which of the following are effective means of aligning management goals with shareholder interests? I. Employee stock options II. Threat of a takeover III. Management bonuses tied to performance goals IV. Threat of a proxy fight A. I, II, III, and IV B. II and IV only C. I, II, and III only D. I, III, and IV only E. I and III only
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