18. Typical forecasting horizons for Short-term Medium-term Long-term are: a. 1-180 days\6-24 months\2 year and greater b. 1-30 days\1-12 months 1 year and greater c. 1-360 days\12-36 months 3-10 years d. 1-180 days\1-12 months 1 year and greater e. None of the Above 19. Advantages of going public are; a. Control b. Diversification of ownership. c. Management flexibility. d. Exposure to Market conditions. e. a and b. 20. Central to the trade-off theory is; a. Obtaining the lowest WACC. b. Maximize dividend payouts. c. Ability to issue tax exempt financing. d. A lowest debt ratio. e. Maintain a high level of equity. 3 of 5