1)Which of the following is not a major source of unscured loans?

A) Repurchase agreements

B) Accrued wages and taxes

C) Trade credit

D) Commercial paper

2) is used as a measure of total risk; _____is used as a measure of systematic risk

a) beta;beta

b)standard deviation'standard deviation

c)beta; standard deviation

d)standard deviation' beta

3)The five basic principles of finance include all of the following except:

a) Cashflow is what matters

b) money has time value

c)incremental profits determine value

d)Risk requires a reward

4)which off the following features or benefits to a firm common stockholders?

a) limited liability

b)ownrership of a firm

c) voting rights

d) all of above

5) What is the effective annual cost of not taking advantage of the 2/10, net 60 terms offered by a supplier ?Assume 360 day year

a) 7.27%

b)9.82%

c)12.38%

d) 14.69%

6) You borrow $20,000 to be repaid in 12 monthly installment of $1833.60 the annual interest is closest to

a) 2 %

b) 12%

c)18%

d)24 %