19)The beta of an investment in New Zealand government bonds is: Select one:

a. close to zero.

b. 0.5

c. 1.0 d. 2.0

e. meaningless; only ordinary shares have betas.

CH20) ________ is the actual amount each ordinary shareholder would expect to receive if a firm's assets are sold for their market value, creditors and preference shareholders are repaid, and any remaining money is divided among the ordinary shareholders.

Select one:

a.

The P/E multiple

b.

Free cash flow value

c.

The liquidation value

d.

The present value of the dividends

e.

Book value