18. Wien S: 2 1. True (ET) or False (1) Individual person, corporation, securities companies and financial intermediary are all institutional shareholders of a corporation. TE 19, 1858 Sti: 2 1. True (1) or False (1) When we use the Constant-Growth Dividend Discount Model to calculate the current share price, the growth rate must exceed the discount rate. 15# 20, WiFi sti: 2 1. True (E) or False (1) The value of a financial asset is based on the concept of the present value of future cash flows. TE 21, #EFM sti: 2 1. True (2) or False (ix) The relationship between price and yield is that the higher the price you pay for a bond, the higher the yield. TE 22 :2 1. True() or False() For all corporations, shareholders and management may be one and the same