1)the firm's cost of capital is important in financial decision making because it is the required minimum acceptable rate of return in investment decision making.

True or False?

2)preferred stock dividends are generally more certain than common stock dividends

True or false?

3)the payback method is generally considered to be a reliable capital budgeting technique for measuring the liquidity of an investment project

true or false?

4)to evaluate and compare investment proposals, financial decison makers discount expected future cash flows to the present in order to perform a benefit/cost analysis.

True or false?