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1.If you invest $5,000 today and at the end of two years you receive $6,000, then the effective annual rate is 9.54%. Select one: True
1.If you invest $5,000 today and at the end of two years you receive $6,000, then the effective annual rate is 9.54%.
Select one:
True
False
2.The lower the depreciation value of an asset the higher the cash flow of the firm.
Select one:
True
False
3.At the beginning of 2019, Valentina invested in a stock with a share price of $100. She received a cash dividend of $2 per share at the end of the year. If the total return obtained was 2%, then the share price at the end of the year was __________.
Select one:
a. $100
b. $102
c. None of THESE
d. $104
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